LRE
LRE is a family-owned commercial real estate landlord and property manager in Birmingham, Alabama, operating nearly one million square feet of office, retail, and multifamily space across the historic Mountain Brook Office Park and Downtown Birmingham. It serves small-to-medium businesses via recurring monthly leases.
- Company typePrivate
- Founded1983
- HeadquartersBirmingham, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What LRE does
LRE (Ladd Real Estate Management Company, Inc.) is a family-owned commercial real estate landlord and property manager headquartered in Mountain Brook (Birmingham), Alabama. The firm manages a portfolio of nearly one million square feet of office, retail, and multifamily real estate concentrated in two submarkets: the historic Mountain Brook Office Park (a mid-century modern campus dating to 1956, where LRE holds majority ownership of buildings) and a collection of Downtown Birmingham properties built between the early 1950s and 2007, with individual spaces ranging from 4,000 to 140,000 square feet.
The company's core product is the physical space itself, marketed via a company website (laddmgt.com) and direct outreach through named leasing representatives (Matt Peacock for Office Park, Ladd Tucker for Downtown Birmingham). Tenant-facing operations are powered by PropertyWare, a third-party property management platform that provides an online portal for rent payment and maintenance request submission. There is no proprietary technology, no API offering, no mobile application, and no AI/ML capability in the stack. The differentiated value proposition rests on the historic, architecturally distinctive Mountain Brook Office Park — branded 'The South's Most Desirable Business Setting' — combined with zoning constraints that cap lot coverage at 25% and prohibit high-rises, structurally limiting competing supply.
The revenue model is recurring monthly rental income from commercial and multifamily leases plus bundled property management services (maintenance, accounts receivable, tenant relations). Pricing is custom and quote-based rather than publicly listed, with no disclosed rate cards or pricing tiers. The customer base spans small businesses through larger organizations seeking office, retail, and residential space across the Birmingham metro. The firm is led by Ladd Tucker (President) and Virginia Tucker (Vice President), grandchildren of founder George Ladd who began acquiring properties in the 1950s; the company was formally incorporated in 1983 and remains privately held with no institutional, private equity, or external capital backing.
LRE firmographics
Firmographics- Name
- LRE
- Legal name
- Ladd Real Estate Management Company, Inc.
- Website
- https://laddmgt.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- LRE is a family-owned commercial real estate landlord and property manager in Birmingham, Alabama, operating nearly one million square feet of office, retail, and multifamily space across the historic Mountain Brook Office Park and Downtown Birmingham. It serves small-to-medium businesses via recurring monthly leases.
- Ownership category
- akta.pro rank
LRE industry classification
Industry- Product category
- Commercial Real Estate Leasing and Management
- NAICS
- Nonresidential Property Managers (531312), Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Office Property Management (BPAJAGAA)
- akta.pro secondary industries
- Property Management Advisory & Leasing Administration (FSAEAJAN), Residential Lease Administration & Tenant Services (BPAJAFAL)
Keywords
Where LRE is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
LRE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Commercial Real Estate Leasing: Rental income from leasing office, retail, and multifamily spaces across Mountain Brook Office Park and Downtown Birmingham properties. Spaces range from small offices to large blocks up to 140,000 square feet.
- Property Management Services: Ongoing property management services provided to tenants including maintenance, accounts receivable, and tenant relations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom quote-based office and retail leasing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
LRE product offering
Product offeringCore offering
Ladd Real Estate Management Company, Inc. (LRE) leases and manages a portfolio of nearly one million square feet of commercial office, retail, and multifamily real estate, primarily the historic Mountain Brook Office Park (mid-century modern spaces) and several Downtown Birmingham buildings ranging from 4,000 to 140,000 square feet. The company provides ongoing property management services including maintenance, accounts receivable, and tenant relations, supported by a PropertyWare-powered tenant portal for rent payment and maintenance requests.
Product overview
LRE (Ladd Real Estate Management Company, Inc.) is a family-owned commercial real estate management company offering two primary property portfolios: Office Park in Mountain Brook featuring mid-century modern office spaces with hundreds of units, and Downtown Birmingham properties ranging from 4,000 to 140,000 square feet. The company also provides a Tenant Portal for rent payment and maintenance requests. Combined portfolio spans nearly one million square feet of office, retail, and multifamily real estate across the Birmingham area.
Differentiator
Problem solved
Functional benefit
Products and services
- Mountain Brook Office Park Mid-century modern office spaces at Mountain Brook Office Park offering hundreds of office spaces of various sizes with convenient parking, targeting businesses seeking a natural, architecturally distinctive work environment.
- Downtown Birmingham Properties Commercial office spaces in downtown Birmingham ranging from 4,000 to 140,000 square feet in buildings constructed from the early 1950s through 2007, suited to small businesses and large corporations requiring varied office sizes.
- Tenant Portal Online self-service portal for existing tenants to pay rent and submit maintenance requests, powered by third-party PropertyWare property management software.
Companies that use LRE
Customer profileSegments2 records
Ideal customer profiles1 record
LRE technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
LRE partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights2 records
LRE competitors and assessment
Company assessmentRegional players
- EGS Commercial Real Estate: Birmingham commercial real estate firm providing brokerage, property management, and tenant representation. Comparable as a Birmingham-area CRE services provider serving similar office tenant segments.
- Bayer Properties: Birmingham-headquartered commercial real estate developer and operator known for retail and mixed-use projects (e.g., The Summit). Comparable as a Birmingham-rooted CRE operator with similar suburban/urban tenant mix.
- Harbert Realty Services: Birmingham-based commercial real estate firm offering brokerage, property management, and development services across the Southeast. Comparable to LRE as a regionally focused CRE operator serving similar Birmingham-area tenants.
- Ram Realty Advisors: Real estate investment and management firm with multifamily and mixed-use assets across the Southeast. Comparable as a regional operator with overlapping multifamily exposure and Southeastern geographic focus.
- Daniel Corporation: Birmingham-based commercial real estate firm focused on office, industrial, and mixed-use development and management in Alabama. Comparable regional CRE operator with similar Birmingham metro footprint.
- Corporate Realty Associates: Birmingham-based commercial real estate services firm specializing in office leasing and property management. Directly comparable as a regional peer providing office property management in the same metro.
Direct peers
- Highwoods Properties: Public REIT that owns and operates Class A office properties across the Southeast, including a significant Birmingham portfolio. Direct comparable to LRE's commercial office leasing and property management business in the same region.
Broad incumbents
- JLL (Birmingham): Global commercial real estate services firm with a Birmingham office offering brokerage, property management, and advisory. Comparable as a competing office property manager serving institutional and corporate tenants in the same market.
- CBRE (Birmingham): Global commercial real estate services firm with a Birmingham office offering office leasing and property management. Comparable as a broad incumbent competing for the same office tenants as LRE.
- Colliers (Birmingham): Global commercial real estate services firm with a Birmingham office providing office brokerage and property management. Comparable as a broad incumbent offering similar services in the same market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
LRE financial estimates
Financial estimateRevenue estimate
Valuation estimate
LRE leadership team
Management profileNumber of profiles
Profiles4 records
LRE funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LRE 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 LRE
What does LRE do?
Ladd Real Estate Management Company, Inc. (LRE) leases and manages a portfolio of nearly one million square feet of commercial office, retail, and multifamily real estate, primarily the historic Mountain Brook Office Park (mid-century modern spaces) and several Downtown Birmingham buildings ranging from 4,000 to 140,000 square feet. The company provides ongoing property management services including maintenance, accounts receivable, and tenant relations, supported by a PropertyWare-powered tenant portal for rent payment and maintenance requests.
Is LRE a public or private company?
LRE is a private company. It is classified as family owned and is currently operating.
When was LRE founded?
LRE was founded in 1983. It employs 1 to 10 people.
Where is LRE based?
LRE is headquartered in Birmingham, United States, in the North America region.
How does LRE make money?
Two revenue lines are on record. Commercial Real Estate Leasing is the primary driver. The others are property Management Services.
Who are LRE's main competitors?
Regional players on record are EGS Commercial Real Estate, Bayer Properties, Harbert Realty Services, Ram Realty Advisors, Daniel Corporation and Corporate Realty Associates. Highwoods Properties is listed as a direct peer. Broad incumbents are JLL (Birmingham), CBRE (Birmingham) and Colliers (Birmingham).
Does LRE have an API?
No public API is recorded for LRE.
What industry is LRE in?
LRE's product category is Commercial Real Estate Leasing and Management. Its primary akta.pro industry code is BPAJAGAA, Office Property Management, with a secondary code of FSAEAJAN, Property Management Advisory & Leasing Administration. Its NAICS code is 531312 and its SIC code is 6531.