Commonweal

What Commonweal does

Commonweal Development Corporation is a privately held, full-service commercial real estate firm headquartered in Eau Claire, Wisconsin, founded in 1981 by Dan Clumpner. The company operates across three integrated service lines: commercial brokerage (sales, leasing, tenant and buyer representation across retail, office, multifamily, and industrial properties), real estate development (concept planning through turnkey delivery, including site selection, due diligence, feasibility, design, and construction administration), and property/asset management (operations, tenant relations, maintenance, and financial reporting). Its geographic service area spans western Wisconsin and eastern Minnesota, with notable assets including the Oakwood Hills master-planned community, Oakwood Mall, The Guild Apartments, White Oak Commons, the Jamf downtown office building, Cedarcrest Surgery Center, and The Sevens build-to-suit project.

The firm's underlying technology is industry-standard rather than proprietary: it relies on conventional listing and property management tools, digital marketing, and market analysis sourced from its NAI Global affiliation. There is no disclosed software platform, API, or AI/ML component — technology is not presented as a competitive differentiator. The company maintains a team of approximately 10 named professionals, including a Certified Property Manager (CPM), a CCIM-designated Asset Manager, an Accredited Residential Manager (ARM), and licensed brokers in both Wisconsin and Minnesota. Marketing is anchored by the company website, a Facebook presence, Constant Contact email distribution, and an annual market report published under the NAI Commonweal brand.

Commonweal generates revenue through three streams: transaction-based brokerage commissions (one-time fees on sales and leases), development fees structured per project scope, and recurring monthly property management contracts. Pricing is not publicly disclosed; all fees are negotiated individually. The go-to-market is direct-to-client and relationship-driven, with no channel partners, marketplace listings, or resellers. Client acquisition relies on referrals, testimonials, and a visible portfolio of landmark developments, with enterprise, SMB, and nonprofit clients spanning technology (Jamf), retail, food and beverage, healthcare, education, and community services.

Name

Commonweal

Legal name

Commonweal Development Corporation

Website

https://commonwealdevelopment.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Commonweal Development Corporation is a privately held, full-service commercial real estate firm in Eau Claire, Wisconsin providing brokerage, development, and property management services across western Wisconsin and eastern Minnesota. It serves enterprise, SMB, and nonprofit clients with integrated capabilities spanning the full property lifecycle.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Real Estate Property Managers (53131), Land Subdivision (237210)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), Mixed-Use Property Management (BPAJAGAE)

Keywords

• Commercial real estate brokerage
• Real estate development services
• Commercial property management
• Tenant and buyer representation
• Commercial property leasing

Headquarters

HQ city

Eau Claire

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, Supply Chain, Technology or R&D

Revenue model

1. Brokerage and Leasing Commissions: Commonweal earns commissions on the sale and lease of commercial properties, acting as a full-service brokerage firm. The firm assists buyers, sellers, tenants, and landlords across retail, office, multifamily, and industrial property types. Leasing activities include both tenant representation and landlord representation.
2. Development Services: Full-scope real estate development services including concept planning, site selection, due diligence, financial analysis, feasibility studies, design, construction administration, and turnkey delivery. Revenue is earned through development fees tied to project scope, typically on a per-project basis.
3. Property and Asset Management: Commonweal provides ongoing property management services for commercial properties, including operations management, tenant relations, maintenance coordination, and financial reporting. The team includes a Certified Property Manager (CPM) and Accredited Residential Manager (ARM). Management contracts generate recurring revenue from property owners.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Commonweal Development Corporation is a full-service commercial real estate firm providing integrated brokerage (sales, leasing, tenant/buyer representation), real estate development (concept planning through turnkey delivery), and property/asset management services across western Wisconsin and eastern Minnesota. The firm owns, develops, manages, and brokers retail, office, multifamily, industrial, and mixed-use commercial properties, and is best known for originating and continuing to manage the Oakwood Hills master-planned commercial community in Eau Claire.

Product overview

Commonweal is a full-service commercial real estate firm providing integrated brokerage, development, and property management services across Western Wisconsin and Eastern Minnesota. The company operates as a unified offering combining these three core service lines—Brokerage Services for property sales and leasing, Development Services for project conception through completion, and Property Management Services for ongoing asset management. The portfolio includes diverse property types (retail, office, industrial, multifamily, vacant land) and notable developments such as The Sevens build-to-suit project, Oakwood Hills master-planned community, The Guild Apartments, and White Oak Commons.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Brokerage Services Full-service commercial real estate brokerage providing property sales, leasing, tenant representation, landlord representation, and investment property services across retail, office, multifamily, and industrial properties in Western Wisconsin and Eastern Minnesota. Licensed brokers in Wisconsin and Minnesota handle transactions directly with buyers, sellers, tenants, and landlords.
• Real Estate Development Services Comprehensive real estate development services including concept planning, site selection, due diligence, feasibility studies, financial planning, design, and build services for retail, office, multifamily, and industrial projects. Delivered on a per-project, scope-dependent basis with construction administration and turnkey handover.
• Commercial Property and Asset Management Services Ongoing commercial property and asset management services including operations management, tenant relations, maintenance coordination, and financial reporting for office, retail, multifamily, and condominium properties. Staffed by certified property managers (CPM) and an Accredited Residential Manager (ARM), with in-house maintenance technicians.
• Commercial Property Listings (Sale and Lease) Portfolio of commercial properties listed for sale or lease — including retail space, office space, industrial space, multifamily, vacant land, build-to-suit, flex space, and mixed-use properties — across Western Wisconsin and Eastern Minnesota, including notable assets such as Oakwood Hills, The Guild Apartments, White Oak Commons, Nordson EDI, 4825 Owen Ayres Ct, 620 S Main St, Cedarcrest Surgery Center, and The Sevens.

Named customers6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• NAI GlobalminorChannel Partner/ Reseller/ DistributorCommonweal operates under the NAI Commonweal brand for market reporting purposes, affiliated with NAI Global — a large commercial real estate network. The annual Eau Claire commercial real estate market report is published under the NAI Commonweal name, leveraging the NAI Global brand for market authority and credibility.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• NAI Global: NAI Global is the commercial real estate network under which Commonweal operates as 'NAI Commonweal'. It is the parent brand and most direct comparator for the firm's brokerage, management, and integrated CRE services delivery model.
• Newmark Group: Newmark is a full-service CRE platform offering leasing, investment sales, and property management comparable to Commonweal's service mix. Both firms emphasize investment sales and agency leasing in secondary markets.
• Avison Young: Avison Young is a global CRE services firm providing agency leasing, investment sales, project management, and property management directly comparable to Commonweal's three service lines. It competes with regional full-service firms in secondary markets.
• Lee & Associates: Lee & Associates is a commercial real estate brokerage and services firm with regional offices offering brokerage, property management, and integrated CRE services comparable to Commonweal's offerings. Its structure mirrors the relationship-driven full-service model Commonweal describes.
• Marcus & Millichap: Marcus & Millichap is a commercial investment sales and real estate finance firm specializing in brokerage services similar to Commonweal's brokerage arm. It is a direct peer for commercial brokerage and tenant/buyer representation.
• Colliers International: Colliers is a global CRE services firm offering brokerage, project management, and property management comparable to Commonweal's integrated platform. Its owner-led, operator-driven culture mirrors the model described for Commonweal.

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services firm offering brokerage, property management, valuation, and development services that directly overlap with Commonweal's three service lines. It is a broad incumbent against which full-service regional firms compete.
• Cushman & Wakefield: Cushman & Wakefield provides global commercial property services — leasing, capital markets, valuation, and management — that map directly to Commonweal's three service lines. It is a broad incumbent competitor for enterprise clients.
• JLL: JLL (Jones Lang LaSalle) provides capital markets, brokerage, property management, and development advisory that parallel Commonweal's integrated offering. It is a broad global incumbent with deep enterprise client relationships comparable to Commonweal's Jamf engagement.

Emerging players

• SVN International: SVN is a commercial real estate franchise network offering brokerage and investment services across regional markets — comparable to Commonweal's regional brokerage practice and similar to how NAI Global affiliates operate. It represents a comparable franchise-based CRE services model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/commonwealdc
• LinkedInlinkedin.com/company/commonweal-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Commonweal