Macdonald Commercial

What Macdonald Commercial does

Macdonald Commercial Real Estate Services Ltd. is the commercial real estate division of the privately held Macdonald Realty Group of Companies, providing commercial property sales, leasing, and property management services across British Columbia, Canada. The firm traces its origin to the 1944 founding of Macdonald Realty by John Macdonald and Al Steel in Vancouver; the commercial division was formally established in 1990 under current owner and Executive Chair Lynn Hsu and has since grown to 40+ expert commercial brokers operating from offices in Vancouver, Fraser Valley (Surrey), and Victoria, with access to more than 1,000 agents, brokers, and staff across the parent group. The firm is a traditional commercial real estate brokerage with no proprietary technology platform; services are delivered through broker-mediated transactions covering office, retail, industrial, multi-family, and development land, augmented by affiliated sub-brands for property management (Macdonald Property Management), project marketing (Macdonald Platinum Marketing, with $2B+ in project sales), and development (Lyndan Properties).

Macdonald Commercial generates revenue through three primary streams: transaction-based commissions on commercial property sales, transaction fees on lease agreements between landlords and tenants, and managed-services fees from property management activities. Pricing is not publicly disclosed and is negotiated on a per-transaction basis. The go-to-market model is sales-led and relationship-driven, with a 100% commission-based broker structure supported by digital channels (website, market insights blog, email newsletters, LinkedIn, Facebook, Instagram, YouTube) and the global CORFAC International network for international deal flow. The firm serves a horizontally diversified set of customer segments including commercial property investors, landlords and property owners, commercial tenants, developers, institutional investors, and small business owners, with specialized sub-teams (Luk Real Estate Group, BC Apartment Buildings, BC Apartment Insider, Restaurant Agents, Andrew Scott Projects) providing vertical expertise.

The leadership team includes Executive Chair Lynn Hsu, CEO and President Dan Scarrow, and Executive Managing Director Tony Letvinchuk (30+ years of CRE experience), supported by Managing Director Ronan Pigott. Macdonald Commercial does not disclose financials publicly, and the firm operates within the larger Macdonald Realty Group rather than as a standalone entity; the parent group reported $7.1B+ in combined 2025 sales volume across 6,200+ transactions and $6B+ in assets under management, though these figures include both commercial and residential activity. The firm maintains a family-influenced ownership structure with no external private equity or venture capital investment disclosed.

Name

Macdonald Commercial

Legal name

Macdonald Commercial Real Estate Services Ltd.

Website

https://macdonaldcommercial.com

Company type

Private

Founded year

1944

Operating status

Operating

Headcount range

101–250 employees

Short description

Macdonald Commercial provides commercial real estate sales, leasing, and property management services across British Columbia. As the commercial division of the privately held Macdonald Realty Group, it serves investors, landlords, tenants, and developers through 40+ brokers in offices throughout BC.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121), Other Activities Related to Real Estate (531390)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Investment Sales Brokerage (BPAJABAI), Multifamily Brokerage (BPAJABAD), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Debt & Structured Finance / Mortgage Brokerage (BPAJABAK)

Keywords

• Commercial real estate brokerage
• Commercial property sales
• Commercial leasing services
• Property management
• Investment property advisory

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Commercial Property Sales Commission: Broker-mediated sales of commercial properties including office, retail, industrial, multi-family, and development land. Commission-based revenue model typical of commercial real estate brokerages.
2. Commercial Leasing Services: Facilitation of lease agreements between landlords and tenants for commercial spaces, generating fees from either the landlord or tenant side of transactions.
3. Property Management Services: Strata, commercial, and residential property management through Macdonald Property Management subsidiary.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Macdonald Commercial provides broker-mediated commercial real estate services including sales, leasing, and property management for office, retail, industrial, multi-family, and development land properties across British Columbia. Operating as the commercial division of Macdonald Realty Group, the firm deploys 40+ expert brokers from offices in Vancouver, Fraser Valley, and Victoria, generating revenue through transaction commissions and managed property services.

Product overview

Macdonald Commercial operates as the commercial real estate division of Macdonald Realty Group of Companies, offering a comprehensive platform of services for commercial property sales, leasing, property management, and development across British Columbia. The core Macdonald Commercial platform provides sales and leasing brokerage services for office, retail, industrial, multi-family, and land properties. The company extends its capabilities through affiliated sub-brands including Macdonald Property Management (property management), Lyndan Properties (development), Macdonald Platinum Marketing (project marketing with $2B+ in sales), and Macdonald Realty (residential services). The company maintains a network of over 40 brokers across offices in Vancouver, Fraser Valley, and Victoria, with access to over 1,000 agents company-wide. Specialized teams such as Luk Real Estate Group, BC Apartment Buildings, BC Apartment Insider, Restaurant Agents, and Andrew Scott Projects provide targeted expertise in specific property sectors and regions. The CORFAC International affiliation provides global reach for international clients.

Differentiator

Problem solved

Functional benefit

Brands

• Macdonald Property Management: Property management services for commercial, residential, and strata properties
• Macdonald Realty
• Macdonald Platinum Marketing
• Lyndan Properties

Products and services

• Commercial Property Sales Services Broker-mediated sales of commercial properties including office buildings, retail spaces, industrial facilities, multifamily apartments, and land for property owners, buyers, and investors.
• Commercial Leasing Services Brokerage services facilitating lease agreements between landlords and tenants for office spaces, retail stores, industrial warehouses, and shopping centers.
• Property Management Services Management of commercial, residential, and strata properties through the affiliated Macdonald Property Management subsidiary, providing ongoing operational services for property owners.
• Development Services Real estate development services through Lyndan Properties covering property selection, design, construction, and marketing of development projects.
• Project Marketing Services Strategic sales strategy development and market research services through Macdonald Platinum Marketing for promoting and selling real estate projects.

Quantifiable outcome

• $7.1+ billion in sales volume across 6,200+ transactions in 2025

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and supporting.

• CORFAC InternationalcoreGTM or Marketing PartnerMacdonald Commercial is BC's affiliate of CORFAC International, a worldwide network of commercial realtors sharing market information. This affiliation provides global connections enabling brokers to serve international clients and expand opportunities beyond BC borders.
• Macdonald Property ManagementcoreOthersSubsidiary company managing strata, commercial, and residential properties. Affiliated entity within Macdonald Realty Group of Companies.
• Macdonald RealtycoreOthersParent company within Macdonald Realty Group of Companies. Macdonald Realty handles residential property listings at 20+ offices across BC including Lower Mainland, Whistler, Okanagan, and Vancouver Island.
• Macdonald Platinum MarketingsupportingOthersProject marketing arm of Macdonald Realty Group providing strategic sales and market research for real estate projects. Has conducted over $2 billion in project sales.
• Lyndan PropertiessupportingOthersReal estate development arm of Macdonald Realty Group specializing in property selection, design, construction, and marketing of development projects.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Colliers International: Global commercial real estate services firm with strong Canadian operations in Vancouver, providing investment sales, leasing, and advisory across office, retail, industrial, and multifamily — closely matching Macdonald Commercial's service mix and BC client base.
• Royal LePage Commercial (BC): Canadian commercial real estate brokerage brand affiliated with Royal LePage, providing sales, leasing, and investment services across BC. A direct competitor with similar residential cross-referral strength via the broader Royal LePage network.
• RE/MAX Commercial (BC): National commercial real estate franchise network with BC broker offices providing sales and leasing of commercial, multifamily, and investment properties. Competes directly for similar investor and landlord clients in the BC market.
• NAI Commercial (Vancouver): Vancouver-based commercial real estate brokerage providing sales, leasing, and investment services across office, retail, industrial, and multifamily. A direct BC-focused competitor with comparable service offering and scale.
• Avison Young: Canadian-headquartered global commercial real estate services firm with deep Vancouver presence. Competes directly across investment sales, leasing, and property management in BC, sharing a similar mid-large independent platform profile.

Regional players

• Marcus & Millichap: U.S.-headquartered commercial real estate investment sales brokerage with Canadian presence. Specializes in investment property transactions across multifamily, retail, office, and industrial — overlapping with Macdonald Commercial's investment sales focus, though primarily serving different geographies.

Broad incumbents

• CBRE Group: Global commercial real estate services firm with a major Vancouver presence offering sales, leasing, capital markets, and property management. Directly competes for institutional commercial mandates in BC but operates as a much larger, publicly-traded platform with global reach.
• JLL (Jones Lang LaSalle): Global real estate services firm with Vancouver office providing investment sales, leasing, valuation, and capital markets advisory. A broader incumbent competing for similar institutional and investor clients in BC.
• Cushman & Wakefield: Global CRE services firm operating in Vancouver, competing for commercial sales, leasing, and capital markets mandates. Offers overlapping capabilities but as part of a broader global portfolio rather than BC specialization.

Emerging players

• Sperry Commercial: Commercial real estate brokerage with BC presence offering investment sales, leasing, and tenant representation. A smaller, growing competitor with overlapping service lines but a less established brand and thinner broker roster than Macdonald Commercial.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@macdonaldcommercialrealest6127
• Facebookfacebook.com/maccommercial
• LinkedInlinkedin.com/company/maccommercial
• Instagraminstagram.com/macdonaldcommercial
• Xx.com/mac_commercial

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 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 Macdonald Commercial