What Centurion Realty does

Centurion Realty is a privately held, family-owned real estate organization headquartered at 500 Fifth Avenue, Manhattan, that owns, manages, develops, and leases a portfolio of more than 50 properties totaling approximately 4 million square feet across the United States. The portfolio is concentrated in four product lines: (1) high-street retail assets in prime Manhattan corridors (SoHo, Fifth Avenue) anchored by luxury and flagship tenants such as Apple, John Varvatos, Dolce & Gabbana, Bottega Veneta, De Beers, and Pucci; (2) retail shopping centers anchored by national big-box and grocery tenants including Costco, Target, ShopRite, Walmart, and Weis Markets; (3) office buildings including Class A medical-professional and CBD office assets such as the 270,227 SF Norvin Fanin Bank Building in Houston and the Greenpark II medical office property; and (4) hotels and mixed-use developments, exemplified by the 249-room Gansevoort Park Hotel at 420 Park Avenue South and mixed-use assets at 415 West Broadway. The firm operates with a lean 1-10 employee headcount and supplements internal leasing through third-party brokerage partnerships with Grubb & Ellis, Wharton Realty Group, and WRG USA.

The company's revenue model is driven by three streams: recurring rental income from leased properties, property management fees, and one-time gains from strategic acquisition and development transactions. Acquisition criteria target income-producing real estate between $2 million and $500 million, with stated geographic focus on Eastern US, Southeast, Mid-Atlantic, and Mid-West regions, and specialized sub-market focus on the NY/NJ/CT Tri-State Area, Washington DC Metro, Boston, Philadelphia, and urban medical districts. Capital deployment has historically been executed through both wholly-owned acquisitions and joint ventures with partners including Crown, ASB, Ashkenazy, and Imperium Capital, with notable transactions including a $75 million SoHo Apple Store purchase in 2011, a $41 million 415 West Broadway acquisition in 2013, a $40 million Nolita retail buy in 2014, and a $62 million SoHo rental-building acquisition in 2018.

Centurion is led by founder and owner Albert Cohen, with acquisitions and leasing overseen by Ralph Tawil, Harold Sutton, and Albert Cohen, property management by Sherry Caldwell and Yoni Rosenbaum, and accounting by Christopher Chudkosky and Charles Tomlinson. The firm does not disclose revenue, headcount growth trends, or post-2018 transactions in available data, and there is no evidence of external institutional investors, venture or private equity backing, AI/ML capability development, or technology platform offerings.

Name

Centurion Realty

Legal name

Centurion Realty, LLC

Website

https://centurionre.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industry

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

Keywords

• Commercial real estate
• Property management
• Real estate development
• Retail leasing
• Income-producing assets

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Leasing: Income generated from leasing retail, office, and mixed-use properties to tenants across their portfolio of over 50 properties totaling approximately 4 million square feet.
2. Property Acquisition and Development: Strategic acquisition and development of income-producing real estate including retail shopping centers, high street retail assets, office buildings, hotels, and mixed-use projects. Recent transactions include SoHo properties and the Gansevoort Park Hotel development.
3. Property Management: Institutional management approach to maximize value of owned properties through strategic capital improvements and sound management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Centurion Realty is a family-owned real estate management and development firm headquartered in New York. The company owns, manages, develops, and leases a diversified portfolio of income-producing real estate across the United States, including retail shopping centers, office buildings, high street retail assets, mixed-use projects, and hotels.

Product overview

Centurion Realty is a fully integrated, privately owned real estate organization operating over fifty properties totaling approximately four million square feet across the United States. The company's portfolio consists of four core product lines: Retail Shopping Centers (community and neighborhood centers anchored by national retailers), Office Buildings (multi-tenant office properties in prime urban locations), High Street Retail Assets (premium retail in high-traffic urban corridors like SoHo Manhattan), and Mixed-Use Projects (combining retail, office, and residential uses). Additionally, the company operates Hotels including the Gansevoort Park Hotel. Key signature properties include 103 Prince Street (Apple's SoHo store), 122 Spring Street (John Varvatos flagship), the Seaview Square Mall Shopping Center (1M SF in New Jersey), and 697 5th Avenue (luxury retail landmark).

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Shopping Center Management and Leasing
• Office Building Management and Leasing
• High Street Retail Assets
• Mixed-Use Real Estate Development
• Hotel Real Estate Ownership and Management

Named customers19 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and core.

• Grubb & EllisminorChannel Partner/ Reseller/ DistributorThird-party leasing agent for Norvin Fanin Bank Building in Houston, TX. Located at 1330 Post Oak Blvd., Suite 1400, Houston, TX 77056.
• Wharton Realty Group, Inc.minorChannel Partner/ Reseller/ DistributorLeasing agent for Gertz Plaza property in Jamaica, NY. Located at 8 Industrial Way East, 2nd Floor, Eatontown, NJ 07724.
• WRG USAminorChannel Partner/ Reseller/ DistributorThird-party leasing agent for multiple properties including Manor Shopping Center (Lancaster, PA), One + Olney Square (Philadelphia, PA), and other regional shopping centers.
• CostcocoreOthersAnchor tenant at Seaview Square Mall Shopping Center in Ocean Township, NJ - a 1 million square foot retail shopping center.
• TargetcoreOthersAnchor tenant at Seaview Square Mall Shopping Center in Ocean Township, NJ.
• ShopRitecoreOthersAnchor tenant at multiple shopping centers including ShopRite Square Shopping Center (Kingston, NY) and One + Olney Square (Philadelphia, PA).

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Phillips Edison & Company: Nasdaq-listed REIT (PECO) operating necessity-anchored neighborhood shopping centers. Comparable asset profile to Centurion's grocery-anchored centers, though with a much larger institutional portfolio.

Direct peers

• Vornado Realty Trust: NYSE-listed REIT (VNO) with a portfolio heavily concentrated in Manhattan trophy office and high-street retail. Directly comparable to Centurion's NYC skew, with overlapping asset types (5th Avenue, Penn Plaza, SoHo-adjacent).
• Crown Acquisitions: Privately held NYC retail acquirer and documented Centurion joint venture partner (2011 Apple Store SoHo purchase, 2012 SoHo retail deal). Same high-street retail focus and family-office operating model.
• SL Green Realty: NYSE-listed REIT (SLG) and the largest office landlord in Manhattan. Comparable to Centurion's CBD/Class A office exposure (e.g., Norvin Fanin and Greenpark II) and NYC asset concentration.
• Ashkenazy Acquisition Corp: Privately held retail-led real estate investor that co-invested with Centurion on the 2014 Nolita retail condo deal. Highly comparable NYC prime retail strategy and partnership profile.

Broad incumbents

• Kimco Realty: NYSE-listed REIT (KIM) focused on open-air shopping centers, frequently with grocery/anchor tenants. Comparable product type to Centurion's anchored retail centers, though at far larger scale and publicly traded.
• Federal Realty Investment Trust: NYSE-listed REIT (FRT) operating premium grocery-anchored shopping centers and mixed-use assets, comparable to Centurion's ShopRite/Walmart/Costco-anchored community centers across NY/NJ/PA.
• Brixmor Property Group: NYSE-listed REIT (BRX) operating a large open-air shopping center portfolio. Comparable to Centurion's community/neighborhood retail centers anchored by national discount and grocery tenants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/centurion-realty-llc

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 Centurion Realty