K&D Real Estate Services

What K&D Real Estate Services does

K&D's underlying technology is conventional real estate operations rather than a proprietary platform: no software products, APIs, or AI/ML systems are disclosed, and marketing relies on a company website, newsletter subscriptions, LinkedIn presence, and embedded third-party video content from the Downtown Cleveland Alliance. The portfolio includes several of Cleveland's most recognizable historic landmarks (Terminal Tower built 1930, Halle Building 1908, Leader Building 1913, Keith Building 1921), and the company is actively repositioning assets by converting upper floors from office to residential use across Terminal Tower, 55 Public Square, and the Halle Building, signaling a strategic pivot toward mixed-use product. K&D was created to serve the growing K&D property portfolio (which began aggressive acquisition in 2014 with the Leader Building and culminated in the $38.5 million Terminal Tower purchase in 2016), and is led operationally by Property Manager James Consolo, who oversees tenant relations and conducts weekly site visits across the downtown portfolio.

Name

K&D Real Estate Services

Legal name

K&D Real Estate Services

Website

https://kanddrealestateservices.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

K&D Real Estate Services provides property management and commercial leasing for over 2 million square feet of office, retail, and residential space across eight historic properties in downtown Cleveland, serving SMB and enterprise tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Real Estate Property Managers (53131), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Real Estate and Rental and Leasing (53)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Office Property Management (BPAJAGAA)

akta.pro secondary industries

Office Tenant Representation (BPAJALAA), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial property management
• Commercial real estate leasing
• Office space rental
• Retail property leasing
• Tenant relations services

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Space Leasing: K&D Real Estate Services generates revenue through leasing office and retail space in their managed properties. They provide property management and leasing services for commercial tenants in downtown Cleveland properties, including Tenant Relations and Property Management services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

K&D Real Estate Services provides property management and leasing services for over 2,000,000 square feet of office and retail space across eight commercial properties in Downtown Cleveland, including Terminal Tower, The Halle Building, The Keith Building, The Leader Building, 55 Public Square, Post Office Plaza, Franklin Hall, and The Residences at 668. The team delivers tenant relations, property maintenance, and leasing expertise, coordinating architects, designers, and construction contractors for tenant build-outs under a hands-on, multi-disciplinary approach.

Product overview

K&D Real Estate Services operates as a single unified property management and leasing platform managing a portfolio of eight commercial properties totaling over 2,000,000 square feet in Downtown Cleveland. The core offering combines tenant relations and property management services with commercial leasing expertise across diverse property types including historic office towers (Terminal Tower, The Leader Building, The Halle Building, The Keith Building), mixed-use complexes (Post Office Plaza, 55 Public Square), and campus-style office space (Franklin Hall). The company delivers hands-on property management through its centralized team while providing modern office, retail and commercial space through coordinated construction and tenant build-out services.

Differentiator

Problem solved

Functional benefit

Products and services

• Terminal Tower Iconic 42-story, 581,400 RSF office building in Downtown Cleveland built in 1930 and renovated 2004-2013. Floors 2-14 are being converted to apartments and floors 16-41 offer office space starting at $18/RSF/year.
• The Leader Building Historic 15-story building originally built in 1913 for the Cleveland News, offering 285,284 RSF of commercial and residential space with rental rates starting at $14.00/RSF/year and Executive Suites at $1,300/month all-inclusive.
• The Halle Building Iconic historic building opened in 1908 as a department store, converted to approximately 383,000 sq. ft. of office and retail space on 12 floors, with planned redevelopment for retail, offices, and residential apartments. Basement storage available at $8.00/RSF/year.
• The Keith Building Historic 21-story, 213,000 sq. ft. office building located in Playhouse Square built in 1921, offering panoramic city views with rental rates starting at $16.00/RSF/year and availability up to 23,500 SF (two full floors).
• Post Office Plaza Five-story office complex consisting of 437,500 RSF built in the 1930s, featuring direct access to the light rail (RTA), Tower City Center, and comprehensive amenities.
• 55 Public Square
• Franklin Hall
• Tenant Relations and Property Management Services
• Commercial Leasing Services

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Expansion highlights4 records

Direct peers

• Bedrock: Dan Gilbert's downtown Detroit real estate company that owns, manages, and redevelops a large portfolio of iconic urban office, retail, and mixed-use assets — directly comparable to K&D's downtown Cleveland trophy-asset model and adaptive-reuse strategy.

Regional players

• Fairmount Properties: Cleveland-based commercial real estate investment and management firm focused on urban infill, mixed-use, and office properties in the Cleveland MSA — directly comparable local market operator.
• Geis Companies: Cleveland-area real estate developer, owner, and property manager with commercial office, industrial, and mixed-use assets across Northeast Ohio — comparable operating model in the same local market.
• Stark Enterprises: Cleveland-based privately held real estate developer and manager with a portfolio of mixed-use, office, retail, and residential properties in Northeast Ohio — directly comparable regional operator competing for the same downtown Cleveland tenants and assets.

Broad incumbents

• Cushman & Wakefield: Global commercial real estate services firm offering property management, leasing, and investment sales across office, retail, and industrial — overlaps with K&D's property management and leasing services in mid-market U.S. downtowns.
• CBRE Group: World's largest commercial real estate services firm, providing property management, leasing, and investment advisory across all major U.S. office markets — overlaps with K&D's leasing and property management offering for office and retail tenants.
• Colliers: Global commercial real estate services firm (parent of the former Colliers Ostendorf-Morris where K&D's Property Manager James Consolo worked) — broad incumbent providing brokerage, property management, and advisory services to similar office and retail clients.
• JLL: Global real estate services and investment management firm offering property management, leasing brokerage, and capital markets advisory — directly comparable services to K&D's leasing and tenant relations platform, albeit at a much larger scale.
• Newmark Group: Commercial real estate advisory and services firm providing leasing, investment sales, and property management — comparable services to K&D's commercial leasing and tenant representation work in office and retail.
• Forest City Realty Trust: Long-standing Cleveland-based commercial real estate owner/operator (formerly NYSE-listed) that sold the Halle Building to K&D in 2014. Operates a national portfolio of office, retail, and mixed-use assets with overlapping product types and tenant segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 K&D Real Estate Services