Kothe Real Estate Partners

What Kothe Real Estate Partners does

Kothe Real Estate Partners LLC is a privately held, founder-led commercial real estate firm headquartered at 324 E. Wilson Street in Madison, Wisconsin, operating across southern Wisconsin and the broader Midwest including Kansas City, La Crosse, and Wausau. The firm offers three core services: Development Services (commercial property development with a focus on multi-family, hotel, office, industrial, and mixed-use projects including ground-up construction and adaptive reuse of historic structures), Tenant Representation (brokerage services covering space needs analysis, site selection, lease and purchase negotiation, and ongoing lease administration), and Move Management (corporate relocation coordination including vendor management, signage, and transition planning).

The business is delivered through a five-principal team (John Kothe, Kevin Page, Teri Bell, Sheri Rose, and Jacci Meier) supported by affiliated entities 608 Real Estate LLC (property management) and KP Property Development LLC (development services). Revenue is generated through three mechanisms: brokerage commissions (typically split with the landlord's broker so the tenant pays no incremental cost), development fees and equity participation in owned projects, and professional services fees for move management. Customer acquisition is principally via direct principal engagement, referrals, and the firm's published client roster, which includes Spectrum Brands, PPD, UBS Financial, Old National Bank, Clifton Larson Allen, Capitol Indemnity Insurance, and Neesvigs across biotech, financial services, consumer products, engineering, healthcare, and retail.

The firm has completed over $500 million of commercial development projects across its principals' combined 45+ years of experience. There are no disclosed funding rounds, no institutional investors, and no parent company; ownership and governance sit with the founding partners. Pricing is not publicly disclosed and is negotiated per engagement, with tenant representation compensation embedded in quoted rental rates.

Name

Kothe Real Estate Partners

Legal name

Kothe Real Estate Partners LLC

Website

https://kotherep.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Kothe Real Estate Partners is a privately held Madison, Wisconsin-based commercial real estate firm offering development, tenant representation, and move management services to Midwest businesses across office, lab, industrial, and mixed-use property types.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Other Activities Related to Real Estate (531390), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Land & Development Site Brokerage (BPAJABAG)

akta.pro secondary industries

Multifamily Brokerage (BPAJABAD), Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

Keywords

• Commercial real estate brokerage
• Tenant representation services
• Commercial property development
• Corporate move management
• Real estate consulting services

Headquarters

HQ city

Madison

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, Technology or R&D, Infrastructure

Revenue model

1. Commercial Real Estate Brokerage: Tenant representation services where brokers are typically compensated by splitting commission with the landlord broker, resulting in no additional cost to the tenant. Also includes office brokerage with landlord and tenant representation, investment property sales, and sale/leaseback opportunities.
2. Development Services: Commercial property development throughout the Midwest with focus on multi-family, hotel, and mixed-use properties. Revenue generated through development fees, ownership stakes, and project returns.
3. Move Management: Relocation management services coordinating corporate moves including vendor coordination, signage, and transition planning.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Kothe Real Estate Partners is a diversified commercial real estate firm providing three core services: (1) Development Services — commercial property development throughout the Midwest focused on multi-family, hotel, office, industrial, lab, and mixed-use properties, including ground-up construction and adaptive reuse of historic structures; (2) Tenant Representation — brokerage services representing tenants in space selection, lease and purchase negotiations, and ongoing lease administration; and (3) Move Management — corporate relocation coordination including vendor management, signage, transition planning, and minimizing business disruption.

Product overview

Kothe Real Estate Partners is a diversified commercial real estate firm offering three interconnected core services: Development Services (commercial property development throughout the Midwest with a focus on multi-family, hotel, office, industrial, and mixed-use properties), Tenant Representation (brokerage services helping companies navigate leasing and purchasing decisions), and Move Management (relocation and transition planning to minimize business disruption during moves). These services work together to provide clients with comprehensive real estate solutions from property acquisition through occupancy.

Differentiator

Problem solved

Functional benefit

Products and services

• Development Services

Quantifiable outcome

• Example: A 20,000 sf building with $30/sf improvement allowance negotiated to $50/sf market rate would mean $400,000 savings
• +1 more outcomes

Named customers22 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered affiliated.

• 608 Real Estate LLCaffiliatedOthersAffiliated property management company founded by Teri Bell. Handles property management services for commercial real estate clients.
• KP Property Development LLCaffiliatedStrategic or Co-development PartnerCommercial real estate development services company founded by Kevin Page. Partnered with Kothe Real Estate Partners in 2010 to provide comprehensive development services.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: Global full-service commercial real estate firm offering investment sales, leasing, valuation, and advisory. Competes with Kothe for enterprise tenant representation mandates in the Midwest and elsewhere, though CBRE serves a vastly broader market.
• JLL (Jones Lang LaSalle): Global real estate services firm with deep tenant representation, capital markets, and property management capabilities. Competes directly with Kothe for mid-market and enterprise leasing mandates in the Midwest.
• Cushman & Wakefield: Global commercial real estate services platform offering brokerage, valuation, and advisory. Direct competitor for tenant rep and investment sales mandates similar to those Kothe's principals handle.

Direct peers

• Colliers International: Global commercial real estate brokerage and advisory firm with strong tenant representation practice. Most directly comparable to Kothe in business model, serving occupiers across office, industrial, and specialty space in regional markets.
• Avison Young: Global commercial real estate services firm built through a network of principal-led offices offering brokerage and advisory. Comparable model to Kothe's boutique, principal-driven approach but with broader geographic reach.
• NAI Global: Network of independent commercial real estate firms offering brokerage and property management. Highly comparable to Kothe as a regional commercial real estate services firm serving occupiers and investors.
• Newmark Group: Commercial real estate services firm offering leasing, investment sales, and advisory. Comparable mid-market tenant rep model that competes with boutique firms like Kothe for occupier mandates.

Regional players

• T. Wall Enterprises: Madison-based commercial and multi-family real estate developer. Most directly comparable development peer to Kothe in the Madison/Wisconsin market, focusing on multi-family and mixed-use projects.
• Founders 3 Real Estate Services: Madison-based commercial real estate firm providing brokerage, property management, and development services. Most direct geographic competitor to Kothe, operating in the same southern Wisconsin market with overlapping service lines.
• Irgens Development Partners: Midwest-focused commercial real estate development and investment firm headquartered in Milwaukee. Comparable to Kothe in regional multi-family, office, and mixed-use development across Wisconsin and the broader Midwest.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kothe-real-estate-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Kothe Real Estate Partners