Sutton Real Estate
Sutton Real Estate is a privately held, full-service commercial real estate firm founded in 1933 in Syracuse, New York, offering brokerage, property management, development, and receivership services across Central and Upstate New York. It specializes in medical office leasing and affordable housing development.
- Company typePrivate
- Founded1933
- HeadquartersSyracuse, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Sutton Real Estate does
Sutton Real Estate Company, LLC is a privately held, full-service commercial real estate firm headquartered in Syracuse, New York, founded in 1933. The company operates across four core service lines: brokerage (commercial property sales, leasing, and tenant/landlord representation), property management (residential and commercial portfolios), real estate development (adaptive reuse, affordable housing, and mixed-use projects), and court-appointed temporary receivership. It maintains a secondary office in Watertown, NY to serve northern markets, and self-describes as the largest medical office leasing and managing agent in the region via a dedicated Healthcare Group. The firm employs 101-250 staff, including licensed brokers with deep regional tenure, and operates an online commercial property listings portal plus tenant-facing rent payment and maintenance portals powered by AppFio Passport.
Sutton's revenue is generated through three streams: per-transaction brokerage commissions on commercial sales and leases, recurring property management fees on managed residential and commercial portfolios, and professional services / equity participation income from development projects (including affordable housing renovations such as Harbor Street Lofts and Valley Vista Apartments, funded via state tax credits and equity partners). Its go-to-market is sales-led through licensed brokers, supplemented by a company website with comprehensive listings, content marketing via a broker-authored blog, and earned media in regional publications such as the New York Real Estate Journal. Target customers span healthcare providers, financial services firms, industrial users, retailers, nonprofits, and developers across Central and Upstate New York.
Strategically, Sutton has shifted emphasis toward equity-participation development and healthcare specialization over the past several years, evidenced by multiple large-scale adaptive reuse and affordable housing projects financed through partnerships with NY State Homes and Community Renewal, the NYS Housing Finance Agency, Key Bank, Chase, Enterprise Community Investment, and Boston Financial. Leadership is concentrated under President Louis Fournier III, with a bench of veteran brokers (Joseph Lewis, Bart Feinberg, Kenneth Tyminski, Stephen Saleski) and operational support including a Controller and dedicated marketing and accounting staff. The firm remains a regional incumbent with no external institutional ownership, no public listing, and no disclosed funding rounds.
Sutton Real Estate firmographics
Firmographics- Name
- Sutton Real Estate
- Legal name
- Sutton Real Estate Company, LLC
- Website
- https://suttoncos.com
- Company type
- Private
- Founded year
- 1933
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Sutton Real Estate is a privately held, full-service commercial real estate firm founded in 1933 in Syracuse, New York, offering brokerage, property management, development, and receivership services across Central and Upstate New York. It specializes in medical office leasing and affordable housing development.
- Ownership category
- akta.pro rank
Sutton Real Estate industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Real Estate Property Managers (53131), Nonresidential Property Managers (531312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Office Brokerage (BPAJABAA)
- akta.pro secondary industries
- Tenant Representation & Corporate Services Brokerage (BPAJABAJ), Office Tenant Representation (BPAJALAA)
Keywords
Where Sutton Real Estate is headquartered
LocationHeadquarters
- HQ city
- Syracuse
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Sutton Real Estate business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Brokerage Commissions: Traditional real estate brokerage earning commissions on commercial property sales, purchases, and leases. Revenue is generated on a per-transaction basis with varying commission rates applied to deal values.
- Property Management Fees: Ongoing property management services for residential and commercial properties, generating recurring management fees.
- Development Projects: Equity participation and development fees from real estate development projects including affordable housing renovations and adaptive reuse residential developments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Commercial office space for lease |
| One time/ perpetual license | Multi-year contract | Flex/Land/Redevelopment property for sale |
| One time/ perpetual license | Multi-year contract | Land parcel for sale |
| One time/ perpetual license | Multi-year contract | Industrial warehouse for sale |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Sutton Real Estate product offering
Product offeringCore offering
Sutton Real Estate is a full-service commercial real estate firm providing property management (residential and commercial), brokerage for sales and leasing, real estate development (including adaptive reuse and affordable housing), and court-appointed temporary receivership services. The company operates a commercial property listings portal and tenant-facing online portals for rent payment and maintenance requests, serving buyers, sellers, tenants, landlords, and developers across Upstate New York.
Product overview
Sutton Real Estate is a full-service commercial real estate company offering an integrated portfolio of services including Property Management (residential and commercial), Brokerage, Development, and Temporary Receivership. The company operates an online commercial property listings portal and apartment directory. Additional tenant services include online rent payment and maintenance request portals. The company was established in 1933 and serves the Syracuse, New York region.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Full-service property management for residential and commercial properties in the Syracuse region, with a cross-discipline approach to problem-solving for property owners and investors.
- Brokerage Commercial real estate brokerage services helping clients buy, sell, or lease properties, leveraging resources and expertise across disciplines to produce solid results.
- Real Estate Development Real estate development services including innovative projects ranging from medical facilities to adaptive reuse residential developments, such as Harbor Street Lofts and Valley Vista Apartments.
- Temporary Receivership Court-appointed temporary receivership services with capabilities as both a Receiver and as a Managing Agent for attorneys acting as Receiver.
- Healthcare Group (Medical Office Leasing and Management) Specialized practice within Sutton focused on medical office leasing, site selection, and property management for hospitals, medical practices, and healthcare systems; described as the largest medical office leasing and managing agent in the region.
Quantifiable outcome
- Closed $1,705,000 in three sales including a 12,000 SF retail plaza, VFW property, and 48-acre vacant parcel
- +2 more outcomes
Companies that use Sutton Real Estate
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles3 records
Sutton Real Estate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sutton Real Estate partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Edgemere DevelopmentcoreCo-development partner on multiple residential projects including Harbor Street Lofts (40-unit adaptive reuse) and Valley Vista Apartments (affordable housing renovation). Sutton and Edgemere collaborate on financing, tax credit applications, and project development.
- Crawford & StearnsminorProject architect for Harbor Street Lofts adaptive reuse conversion.
- Rich & GardnerminorGeneral contractor performing construction for Harbor Street Lofts and Valley Vista renovation projects.
- ArchiteamminorProject architect for Valley Vista Apartments renovation project.
- Newark GrubbminorHealthcare real estate broker collaborated with Sutton's Healthcare Group on Boston IVF Syracuse center site selection and lease negotiation.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Sutton Real Estate competitors and assessment
Company assessmentBroad incumbents
- Colliers: Colliers is a leading global commercial real estate services and investment firm with U.S. operations spanning brokerage, property management, valuation, and advisory. Its broad portfolio and capital markets capabilities position it as a competitor to Sutton on larger regional mandates.
- Newmark Group: Newmark is a global commercial real estate advisory firm offering leasing, investment sales, property management, and consulting. Its full-service platform and capital markets reach make it a comparable incumbent in markets where Sutton also operates.
- Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services firm offering brokerage, property management, valuation, and advisory services. It is a broad incumbent competing with regional full-service CRE firms for office, industrial, and investment assignments in secondary markets.
- CBRE Group: CBRE is the world's largest commercial real estate services firm with global brokerage, property management, valuation, and advisory capabilities. It maintains an Upstate New York presence and competes directly with Sutton for institutional and mid-market assignments in Syracuse.
- JLL: JLL is a global commercial real estate services and investment management firm offering brokerage, property management, and advisory services across the U.S. Its broader portfolio of services and institutional reach make it an incumbent competitor to regional firms like Sutton.
Direct peers
- Marcus & Millichap: Marcus & Millichap is a commercial real estate investment sales brokerage specializing in middle-market transactions across office, industrial, retail, and multifamily. It is comparable to Sutton's investment property brokerage capabilities and small/mid-market transaction focus.
- Pyramid Management Group: Pyramid Management Group is the largest commercial real estate developer and manager based in Syracuse, NY, operating Destiny USA and a large regional portfolio. It is a direct peer serving the same Syracuse/Upstate NY customer base with overlapping brokerage, property management, and development capabilities.
Regional players
- Buckingham Properties: Buckingham Properties is a Rochester, NY-based full-service commercial real estate firm offering brokerage, property management, and development across Upstate New York. Comparable to Sutton in scale, regional focus, and integrated service model, though focused on the Rochester/Finger Lakes market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Sutton Real Estate social profiles
Digital presenceSutton Real Estate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sutton Real Estate leadership team
Management profileNumber of profiles
Profiles13 records
Sutton Real Estate subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sutton Real Estate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sutton Real Estate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sutton Real Estate
What does Sutton Real Estate do?
Sutton Real Estate is a full-service commercial real estate firm providing property management (residential and commercial), brokerage for sales and leasing, real estate development (including adaptive reuse and affordable housing), and court-appointed temporary receivership services. The company operates a commercial property listings portal and tenant-facing online portals for rent payment and maintenance requests, serving buyers, sellers, tenants, landlords, and developers across Upstate New York.
Is Sutton Real Estate a public or private company?
Sutton Real Estate is a private company. It is classified as family owned and is currently operating.
When was Sutton Real Estate founded?
Sutton Real Estate was founded in 1933. It employs 101 to 250 people.
Where is Sutton Real Estate based?
Sutton Real Estate is headquartered in Syracuse, United States, in the North America region.
How does Sutton Real Estate make money?
Three revenue lines are on record. Brokerage Commissions are the primary driver. The others are property Management Fees and development Projects.
Who are Sutton Real Estate's main competitors?
Broad incumbents on record are Colliers, Newmark Group, Cushman & Wakefield, CBRE Group and JLL. Direct peers are Marcus & Millichap and Pyramid Management Group. Buckingham Properties is listed as a regional player.
Does Sutton Real Estate have an API?
No public API is recorded for Sutton Real Estate.
What industry is Sutton Real Estate in?
Sutton Real Estate's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJABAA, Office Brokerage, with a secondary code of BPAJABAJ, Tenant Representation & Corporate Services Brokerage. Its NAICS code is 53121 and its SIC code is 6531.