Solomon Real Estate Group

What Solomon Real Estate Group does

Solomon Real Estate Group is a privately held, vertically integrated real estate development firm founded in 2014 and headquartered in the Upper Midwest (Minneapolis, Minnesota). The company develops, constructs, and manages retail, office, mixed-use, and luxury residential real estate, with a track record of more than 12 million square feet of retail/office space and over 1,500 luxury residential units developed under the leadership of its founder and Principal, Jay Scott. Its current portfolio includes notable assets such as Pentagon Village in Edina, MN and luxury multi-family communities including Palmer Pointe and Stoneleigh at the Reserve, with tenant relationships spanning national retailers such as Kohl's, Best Buy, Super Valu, Chick-fil-A, Starbucks, and Panera Bread.

The firm operates three integrated service lines: (1) Real Estate Development, generating development fees and project revenue across retail, office, residential, and mixed-use projects; (2) Asset Management, providing professional management and active leasing of real estate assets on behalf of institutional investors and individual partners; and (3) Financial Services, securing equity capital for income-producing commercial real estate projects and arranging institutional and alternative debt placement. Pricing is project-specific and quote-based, with multi-year contract cadence. Distribution is direct, with no intermediary channels, and the company is led by a small senior team (Principal, two VPs, and a Development Partner), with no disclosed external investors, subsidiaries, or parent company.

Solomon's go-to-market is enterprise field sales targeting institutional investors, national retail tenants, and capital providers in the Midwest. The company markets through professional industry associations (ICSC, ULI, NAIOP, MSCA, MNCAR, CREW, CCIM), executive speaking engagements, and a project portfolio website. There is no evidence of proprietary technology, software platforms, APIs, AI/ML capabilities, patents, or external funding rounds; the company's competitive position is grounded in the experience and tenant relationships of its leadership team rather than in technology or scale.

Name

Solomon Real Estate Group

Legal name

Solomon Real Estate Group

Website

https://solomonre.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Solomon Real Estate Group is a privately held, vertically integrated real estate development firm founded in 2014 and based in Minneapolis, MN. The company develops, constructs, and manages retail, office, mixed-use, and luxury residential projects for institutional investors and national retail tenants across the Upper Midwest.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Lessors of Residential Buildings and Dwellings (53111), Real Estate Property Managers (53131), Residential Property Managers (531311)

SIC

Operative Builders (1531), Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industry

Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Commercial real estate development
• Real estate asset management
• Mixed-use property development
• Retail property development
• Real estate capital placement

Headquarters

HQ city

Kansas City

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, Infrastructure

Revenue model

1. Real Estate Development: Development fees and project revenue from retail, office, residential, and mixed-use real estate projects. Revenue generated through the creation and construction of commercial properties.
2. Asset Management: Professional management of real estate assets on behalf of investment institutions or individual partners. Active leasing and management of properties with tenant relationship management.
3. Financial Services: Securing equity capital for income-producing commercial real estate projects and arranging institutional and alternative debt placement. Revenue generated through successful deal closure and capital structuring.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Solomon Real Estate Group is a vertically integrated real estate development company that develops, constructs, and manages retail, office, mixed-use, and luxury residential properties across the Upper Midwest. Its core offerings are (1) full-service real estate development (site selection, planning, design, construction management), (2) asset management of commercial real estate on behalf of institutional investors and individual partners (active leasing and property management), and (3) financial services that secure equity capital and arrange institutional and alternative debt placement for income-producing commercial real estate projects.

Product overview

Solomon Real Estate Group operates as a vertically integrated real estate development company offering development, asset management, and financial services. The company focuses on three core property types: retail properties (shopping centers and lifestyle centers), mixed-use developments (combining retail, office, residential, and hospitality), and residential communities (luxury multi-family). Their integrated service model allows them to develop, construct, and manage properties throughout the project lifecycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Properties Portfolio

Quantifiable outcome

• Over 12 million square feet of retail and office space developed
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• North American Properties: Mid-to-large mixed-use and retail real estate developer where Solomon's founder Jay Scott was previously a Partner. Directly comparable in product mix (retail, mixed-use, multifamily) and target tenant base, with a broader geographic footprint that gives it a scale advantage.
• Opus Group of Companies: National commercial real estate developer (office, industrial, retail, multifamily, mixed-use) where Jay Scott previously served as Director of Real Estate Development. Directly comparable in vertically integrated development services and product diversification, but at substantially larger scale.
• Continental Properties: Privately held national mixed-use and retail developer with similar vertically integrated development, construction, leasing, and property management capabilities. Closely comparable business model and tenant mix, with a larger national footprint.
• Madison Marquette: Commercial real estate investment, development, leasing, and management firm where Theresa Hart previously worked. Comparable in mixed-use, retail, and asset management services for institutional owners, with a national platform.
• Mid-America Real Estate: Midwest-based retail and mixed-use real estate services firm (investment sales, leasing, management). Directly comparable in geographic focus (Upper Midwest) and retail tenant relationships, though its services model is less vertically integrated than Solomon's.

Broad incumbents

• Kite Realty Group: Retail-focused REIT and developer operating open-air shopping centers with national retailers. Comparable in retail-anchored development and tenant relationships, at materially larger scale and with public-market capital access.
• Trammell Crow Company: One of the largest commercial real estate developers in the U.S. (office, industrial, retail, multifamily, mixed-use). Comparable in development product mix and institutional client base, but at vastly larger scale and geographic breadth.
• Federal Realty Investment Trust: Public REIT specializing in mixed-use and open-air retail centers with national tenants. Comparable in mixed-use product type and high-quality tenant roster, with significantly larger AUM and a more diversified geographic footprint.
• Regency Centers: National retail-focused REIT that develops, owns, and operates grocery-anchored shopping centers. Comparable in retail development and national tenant relationships, with substantially greater scale and public-company access to capital.

Regional players

• Kraus-Anderson Realty: Upper Midwest real estate development and brokerage firm where Theresa Hart previously worked. Comparable as a regional full-service real estate firm with similar geographic anchoring and tenant relationships, operating in adjacent service lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/solomon-real-estate-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Solomon Real Estate Group