MPV Properties, LLC
MPV Properties is a Charlotte, NC-based full-service commercial real estate firm providing development, brokerage, property management, and commercial association management services for landowners, business operators, institutions, and national retailers throughout the Carolinas.
- Company typePrivate
- Founded2010
- HeadquartersCharlotte, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MPV Properties, LLC does
MPV Properties, LLC is a privately-held full-service commercial real estate firm headquartered in Charlotte, North Carolina. Founded in 2010 through the merger of three legacy Charlotte CRE firms — Bissell Patrick, Merrifield Partners, and The Carolina Group Partners — the company operates from a single office at 2400 South Boulevard and was rebranded from Merrifield Patrick Vermillion to its current name in 2016.
The firm operates four service lines: Development Services (shopping centers, single-tenant build-to-suit, medical office, and land development with site selection, entitlement, design, construction management, and financing support); Brokerage Services (land, retail, office/medical, industrial, and investment property sales and leasing); Property Management (2.2M+ square feet of office, retail, mixed-use, medical, and flex buildings); and Commercial Association Management (1.1M+ square feet of condominiums and 4,300 acres, claimed to be the largest such firm in the region). There is no proprietary technology platform; the firm relies on licensed professionals and standard CRE workflows.
The revenue model combines four mechanics: development fees from development projects, brokerage commissions from acquisition/sale/lease transactions, recurring property management fees, and managed services fees from association management. Pricing is transaction-specific and non-standardized. GTM is enterprise field sales through a team of 20+ licensed professionals serving landowners, business owners, property owners, and institutions/corporations in the Carolinas and Southeast United States. Marquee clients include Harris Teeter, Lowe's, Target, Walmart, CVS Pharmacy, AAA, Sunbelt Rentals, Atrium Health, Novant Health, and Elevation Church, alongside a base of regional business owners and property investors. The company is privately held by its six (later seven) managing partners with no institutional investor, PE, or VC ownership disclosed.
MPV Properties, LLC firmographics
Firmographics- Name
- MPV Properties, LLC
- Legal name
- MPV Properties, LLC
- Website
- https://mpvre.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MPV Properties is a Charlotte, NC-based full-service commercial real estate firm providing development, brokerage, property management, and commercial association management services for landowners, business operators, institutions, and national retailers throughout the Carolinas.
- Ownership category
- akta.pro rank
MPV Properties, LLC industry classification
Industry- Product category
- Commercial Real Estate Services
- SIC
- Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where MPV Properties, LLC is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MPV Properties, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Development Services: Development fees from shopping center, single tenant, medical office and land development projects. The firm undertakes both build-to-suit and speculative projects with site selection, entitlement, design, construction management, and financing support.
- Brokerage Commissions: Commissions from land, retail, office/medical, industrial and investment commercial property transactions. Acts as agent for institutions, corporations and individuals to acquire, sell or lease properties.
- Property Management: Property management fees for operating more than 2 million square feet of office, retail, mixed use, medical, and flex buildings throughout the Carolinas. Includes asset management, property accounting, capital expense planning, and facilities management.
- Commercial Association Management: Association management services for condominiums and property owner associations covering 1.1 million square feet of condominiums and more than 4,300 acres. Includes budgeting, collections, accounting, vendor management, and maintenance services.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
MPV Properties, LLC product offering
Product offeringCore offering
MPV Properties is a full-service commercial real estate firm providing development, brokerage, property management, and commercial association management services across the Carolinas. The firm undertakes shopping center, single-tenant, medical office, and land development projects, and represents landowners, business owners, corporations, and institutions in acquiring, selling, or leasing commercial properties. It also manages more than 2.2 million square feet of office, retail, medical, mixed-use, and flex buildings, plus over 1.1 million square feet of condominiums and 4,300 acres of property owner associations.
Product overview
MPV Properties, LLC is a full-service commercial real estate firm offering development, brokerage, property management, and commercial association management services. The company operates as a portfolio of distinct service lines and development projects rather than a unified software product. Development Services handles shopping center, single-tenant, medical office, and land development. Brokerage Services covers land, retail, office/medical, industrial, and investment sales. Property Management oversees over 2.2 million square feet of commercial space. Association Management manages 1.1 million square feet and 4,300 acres. The company also manages a portfolio of current development projects including Farmington, Christenbury Village, RedStone, Academy Village, Kellswater Commons, River's Edge Station, Vermillion Village, Berewick Town Center, Terrell Town Center, The Venue on South Main, and build-to-suit projects for AAA.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Services Comprehensive commercial real estate development covering shopping centers, single-tenant, medical office, and land development projects, including site selection, entitlement, design, construction management, and financing support for institutional, corporate, and individual clients.
- Brokerage Services Full-service brokerage acting on behalf of institutions, corporations, and individuals to acquire, sell, or lease land, retail, office/medical, industrial, and investment commercial properties. Includes landlord and tenant representation.
- Property Management Building management services covering more than 2.2 million square feet of office, retail, mixed-use, medical, and flex buildings throughout the Carolinas, including asset management, property accounting, capital expense planning, and facilities management.
- Commercial Association Management Management of commercial property owner associations and condominiums covering over 1.1 million square feet and 4,300 acres, making MPV the largest commercial association management firm in the region. Services include budgeting, collections, accounting, vendor management, and maintenance.
Quantifiable outcome
- Over $805MM in investment sales volume and 3MM+ square feet sold by the investment sales team
- +2 more outcomes
Companies that use MPV Properties, LLC
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles3 records
MPV Properties, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MPV Properties, LLC partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Vulcan Property GroupcoreCo-development partnership for South Mill at Elizabeth in Fort Mill, SC. Vulcan Property Group and MPV Properties collaborated on this retail development project featuring Beignets & Brew tenant.
- Proffitt Dixon PartnerscoreJoint venture partnership for Academy Village development in Fuquay-Varina, NC. Proffitt Dixon Partners and MPV Properties collaborated on this premier mixed-use development featuring Lowes Foods grocery anchor with retail and residential components.
- National Retailers (Harris Teeter, Lowe's, Target, Walmart)coreBuilt-to-suit development partnerships with national retailers including Harris Teeter, Lowe's Home Improvement, Target, Walmart, Lowes Foods, CVS Pharmacy, and others for single-tenant retail developments across the Southeast.
- Healthcare Systems (Atrium Health, Novant Health, Tryon Medical, CEENTA)coreMedical office building development partnerships with regional healthcare providers including Atrium Health, Novant Health, Tryon Medical Partners, and CEENTA (Charlotte Eye Ear Nose & Throat) across the Carolinas.
Scale indicators12 records
Recent moves9 records
Expansion highlights5 records
MPV Properties, LLC competitors and assessment
Company assessmentBroad incumbents
- Newmark Group: Global commercial real estate services firm with investment sales, leasing, and property management. Competes with MPV in investment sales brokerage and asset management for Carolina commercial portfolios.
- CBRE Group: Largest global commercial real estate services firm. Competes for investment sales assignments, retail tenant representation, and large institutional mandates; broad incumbent against which MPV differentiates on local Carolina relationships.
- Cushman & Wakefield: Global commercial real estate services firm offering brokerage, investment sales, valuation, and property management. Directly competes with MPV on investment sales and institutional leasing mandates while offering much broader geographic and capital markets reach.
- Colliers International: Global commercial real estate services and investment management firm with brokerage, project management, and valuation services. Overlaps with MPV on investment sales and landlord/tenant representation mandates.
- JLL: Global commercial real estate services platform with brokerage, investment sales, property management, and development advisory. Competes with MPV for institutional landlord mandates, build-to-suit advisory, and tenant representation.
Direct peers
- Trinity Partners: Charlotte-headquartered commercial real estate firm specializing in office, industrial, retail, and investment sales brokerage. Direct peer with overlapping brokerage services and Carolinas regional focus, though more brokerage-heavy than MPV.
- The Bissell Companies: Charlotte-headquartered commercial real estate and property management firm. Parent/incubator of Bissell Patrick, the predecessor brokerage that merged to form MPV, making it a direct historical peer with deeply overlapping Charlotte relationships and service mix.
- Crosland: Charlotte-rooted commercial real estate developer of shopping centers, mixed-use, and single-tenant retail. Direct peer: Crosland Commercial is the predecessor firm from which MPV's Jim Merrifield originated, sharing regional retail development DNA.
- Childress Klein: Charlotte-based commercial real estate developer, broker, and property manager. Directly comparable full-service CRE platform operating in the same Carolinas geography with overlapping development, brokerage, and management service lines.
- Beacon Partners: Charlotte-based commercial real estate firm offering development, brokerage, property management, and corporate advisory services across the Carolinas. Closely comparable full-service CRE platform with similar product mix and Carolina geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
MPV Properties, LLC social profiles
Digital presenceMPV Properties, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
MPV Properties, LLC leadership team
Management profileNumber of profiles
Profiles7 records
MPV Properties, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MPV Properties, LLC 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 MPV Properties, LLC
What does MPV Properties, LLC do?
MPV Properties is a full-service commercial real estate firm providing development, brokerage, property management, and commercial association management services across the Carolinas. The firm undertakes shopping center, single-tenant, medical office, and land development projects, and represents landowners, business owners, corporations, and institutions in acquiring, selling, or leasing commercial properties. It also manages more than 2.2 million square feet of office, retail, medical, mixed-use, and flex buildings, plus over 1.1 million square feet of condominiums and 4,300 acres of property owner associations.
Is MPV Properties, LLC a public or private company?
MPV Properties, LLC is a private company. It is classified as management employee owned and is currently operating.
When was MPV Properties, LLC founded?
MPV Properties, LLC was founded in 2010. It employs 11 to 50 people.
Where is MPV Properties, LLC based?
MPV Properties, LLC is headquartered in Charlotte, United States, in the North America region.
How does MPV Properties, LLC make money?
Four revenue lines are on record. Development Services are the primary driver. The others are brokerage Commissions, property Management and commercial Association Management.
Who are MPV Properties, LLC's main competitors?
Broad incumbents on record are Newmark Group, CBRE Group, Cushman & Wakefield, Colliers International and JLL. Direct peers are Trinity Partners, The Bissell Companies, Crosland, Childress Klein and Beacon Partners.
Does MPV Properties, LLC have an API?
No public API is recorded for MPV Properties, LLC.
What industry is MPV Properties, LLC in?
MPV Properties, LLC's product category is Commercial Real Estate Services. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its SIC code is 6531.