Walman Commercial Real Estate Services

What Walman Commercial Real Estate Services does

Walman Commercial Real Estate Services, L.L.C. is a privately held, founder-owned commercial real estate brokerage firm headquartered at 7060 South Yale Avenue, Suite 900, Tulsa, Oklahoma. Founded in 2002 by Steve Walman, the company specializes in retail commercial real estate services across the Tulsa Metropolitan Statistical Area, with a managed portfolio of over 40 shopping centers encompassing 3.5 million square feet plus 800,000 square feet of new retail development in Tulsa and surrounding areas. Its core products are Project Leasing Services (landlord representation maximizing retail property value), Tenant Representation (optimizing retailer exposure and coverage), and Retail Development Services (site evaluation, proforma generation, feasibility studies, pre-development services, and re-tenant strategies).

The company serves three primary customer segments: landlords seeking to lease retail real estate assets, local and national retailers requiring site selection and tenant representation, and retail developers needing pre-development and feasibility support. Revenue is generated exclusively through transaction-based commissions on completed leases, sales, and development engagements; no recurring subscription, SaaS, or licensing model is employed. Distribution relies on direct brokerage relationships from a five-person team of brokers and associates, supplemented by listings on the CREXI third-party marketplace platform that powers both the "For Lease" and "For Sale" sections of the firm's website.

The business model is capital-light, relationship-intensive, and geographically concentrated. Walman derives its competitive position from the 25+ years of regional retail real estate experience held by its founding principal and senior staff (including prior tenures at CB Richard Ellis, Zaremba Corporation, and Pan Pacific Development), and from the entrenched landlord and retailer relationships that come with sustained management of a 40-plus-center portfolio. The firm carries no external institutional investment, has not raised funding, has no parent company, and operates without subsidiaries, patents, or certifications of note.

Name

Walman Commercial Real Estate Services

Legal name

Walman Commercial Real Estate Services, L.L.C.

Website

https://walmancommercial.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Walman Commercial Real Estate Services is a Tulsa-based retail commercial real estate brokerage founded in 2002, providing project leasing, tenant representation, and development services to landlords, retailers, and developers across the Tulsa MSA.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

akta.pro primary industry

Retail Brokerage (BPAJABAB)

akta.pro secondary industry

Retail Property Management (BPAJAGAB)

Keywords

• Commercial real estate brokerage
• Retail leasing services
• Tenant representation
• Retail development services
• Project leasing

Headquarters

HQ city

Tulsa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Commercial Real Estate Brokerage Services: Walman Commercial Real Estate Services generates revenue through commercial real estate brokerage services, including project leasing, tenant representation, and property sales/leases. Revenue is earned through commissions on completed real estate transactions rather than recurring subscriptions or licensing fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Walman Commercial Real Estate Services is a retail-focused commercial real estate brokerage firm that provides project leasing, tenant representation, and retail development services to landlords, retailers, and developers in the Tulsa MSA. The firm manages a portfolio of over 40 shopping centers totaling 3.5 million square feet and supports 800,000 square feet of new retail development.

Product overview

Walman Commercial Real Estate Services is a commercial real estate services firm operating as a single unified offering rather than a platform-plus-modules architecture. The company provides an integrated suite of retail commercial real estate services including Project Leasing Services for landlords, Tenant Representation for retailers, and Retail Development Services. The company manages a portfolio of over 40 shopping centers totaling 3.5 million square feet and 800,000 square feet of new retail development in the Tulsa MSA. Property listings for both sale and lease are facilitated through the CREXI platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Leasing Services

Quantifiable outcome

• Manages over 40 shopping centers totaling 3.5 million square feet

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators5 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services firm with full-service retail brokerage, property management, and investment sales. It serves as a broad incumbent competing with Walman for landlord mandates and national tenant accounts in the Tulsa market.
• JLL: JLL is a global commercial real estate services firm with a dedicated retail practice offering brokerage, property management, and consulting. It competes broadly with Walman for retail landlord and tenant representation work.
• Colliers International: Colliers is a global commercial real estate services and investment firm with retail brokerage and project leasing teams. It competes with Walman in the Tulsa MSA for landlord leasing and retailer site selection work.
• Newmark Group: Newmark is a full-service commercial real estate advisory firm with retail leasing and tenant representation capabilities. It competes with Walman for shopping center leasing mandates and tenant rep engagements.
• Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services firm with retail brokerage and asset services. It serves as a broad incumbent competitor for retail landlord mandates and national retailer site selection.

Direct peers

• Ripco Real Estate: Ripco is a retail-focused commercial real estate services firm offering brokerage, investment sales, and advisory for shopping centers and retail properties. It competes directly with Walman in retail tenant representation and project leasing.
• SRS Real Estate Partners: SRS Real Estate Partners is one of the largest retail-only commercial real estate firms in the U.S., providing leasing, investment, and management services for retail properties. Like Walman, it specializes in retail center leasing and tenant representation but operates nationally with a much larger team.
• Mid-America Real Estate: Mid-America Real Estate is a retail-focused commercial real estate brokerage and investment firm serving the Midwest. It mirrors Walman's retail-only specialization, leasing services, and tenant/landlord representation model.
• The Retail Companies: The Retail Companies is a retail-specialized real estate firm providing brokerage, development, and asset management services. It shares Walman's focus on shopping center leasing and retail tenant representation.

Regional players

• Price Edwards & Company: Price Edwards is an Oklahoma-based commercial real estate firm serving the Oklahoma City and broader Oklahoma markets with brokerage, property management, and development services. It is comparable to Walman in retail CRE focus but operates in a different Oklahoma metro rather than directly competing in Tulsa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/walman-commercial-real-estate-services-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Walman Commercial Real Estate Services