Aspyre Properties
Aspyre Properties is a family-owned Central Florida commercial real estate developer and investor specializing in Class A industrial and office build-to-suit properties in the Lakeland/Interstate 4 corridor, serving enterprise tenants including Ace Hardware, Lowe's, and Saddle Creek Logistics.
- Company typePrivate
- Founded2018
- HeadquartersLakeland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Aspyre Properties does
Aspyre Properties is a family-owned Central Florida commercial real estate developer and investor specializing in Class A industrial and office build-to-suit properties, primarily serving the Lakeland/Interstate 4 corridor market. The company develops, owns, and manages a portfolio of 17+ properties spanning approximately 830,000 SF of industrial/warehousing and roughly 100,000 SF of office space. Notable build-to-suit projects include a 712,000 SF facility for Ace Hardware (County Line Farms I, completed 2021) and a 1.2M SF facility for Lowe's (County Line Farms II, completed 2023), alongside the 160-acre Interstate Commerce Park in Lakeland with ICP Buildings 100-800. The portfolio also includes Downtown Lakeland office buildings (Heritage Plaza North and South, Bank of America Building, 632 Executive Office), mixed-use assets (The Joinery food hall), and an active development (County Line Farms Phase II with 699,800 SF across three buildings).
The company generates revenue through two principal streams: (1) commercial real estate development via long-term leases and build-to-suit project delivery, and (2) recurring property management services for owned and third-party assets. Aspyre operates a direct relationship-based go-to-market targeting industrial tenants, major retailers, logistics providers, and professional services tenants, with property management offices located onsite at its properties. Pricing is negotiated individually per project; multi-year build-to-suit leases are the standard commercial arrangement. Aspyre has won four NAIOP Tampa Bay awards between 2008 and 2022, signaling regional industry recognition for project and lease quality.
The firm operates with a small team (11-50 employees) led by President Wesley Beck (also associated with Beckryger Capital Partners), Property Manager Josh Bolger (overseeing the bulk of the portfolio since 2008), and Project Manager Landon Beck. There is no disclosed external institutional capital, parent company, or public listing; Aspyre operates as an independent private real estate firm with no software platform, AI/ML capabilities, or proprietary technology disclosed in the source data.
Aspyre Properties firmographics
Firmographics- Name
- Aspyre Properties
- Legal name
- Aspyre Properties
- Website
- https://aspyre.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aspyre Properties is a family-owned Central Florida commercial real estate developer and investor specializing in Class A industrial and office build-to-suit properties in the Lakeland/Interstate 4 corridor, serving enterprise tenants including Ace Hardware, Lowe's, and Saddle Creek Logistics.
- Ownership category
- akta.pro rank
Aspyre Properties industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Other Activities Related to Real Estate (53139)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- New Development & Project Marketing (Pre-Construction Sales) (FSAEAJAE)
- akta.pro secondary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where Aspyre Properties is headquartered
LocationHeadquarters
- HQ city
- Lakeland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Aspyre Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Commercial Real Estate Development: Develops commercial office and industrial properties for lease and sale, including build-to-suit projects for major tenants. Revenue generated through long-term leases and property sales.
- Property Management Services: Provides property management services for owned and third-party properties. Includes operations management, tenant relations, and property maintenance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom/Build-to-Suit |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels1 record
Aspyre Properties product offering
Product offeringCore offering
Aspyre Properties develops, owns, and manages Class A commercial office and industrial real estate in Central Florida, with a portfolio of approximately 930,000 SF across industrial, distribution, manufacturing, office, flex, and mixed-use properties. Core services include build-to-suit development for major enterprise tenants (e.g., Ace Hardware, Lowe's) and on-site property management for owned and third-party assets. Properties are concentrated along the Interstate 4 corridor in the Lakeland, Florida market.
Product overview
ASPYRE Properties is a family-owned Central Florida commercial real estate developer and investor specializing in Commercial Office and Industrial space. The company's product portfolio consists of multiple distinct property offerings including: industrial/distribution facilities (County Line Farms I & II, 310 North Galloway, ICP Buildings 100/200/300/400/800, Airport Commerce Park, Brew Hub), office buildings (Heritage Plaza South & North, Bank of America Building, 632 Executive Office), mixed-use properties (Interstate Commerce Park), and specialty properties (The Joinery food hall). Properties range from build-to-suit facilities for major retailers like Ace Hardware and Lowe's to multi-tenant flex spaces and industrial parks. The company also manages a current development project (County Line Farms Phase II) and provides on-site property management services.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- County Line Farms II - Saddle Creek won 2022 NAIOP Best Industrial Lease award
- +1 more outcomes
Companies that use Aspyre Properties
Customer profileNamed customers22 records
Segments4 records
Ideal customer profiles3 records
Aspyre Properties technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Aspyre Properties partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Aspyre Properties competitors and assessment
Company assessmentBroad incumbents
- Prologis: Global industrial REIT and the dominant operator of logistics real estate, including Duke Realty (acquired 2022) and Liberty Property Trust. Sets the institutional benchmark against which Aspyre's industrial platform is measured.
- Hillwood: Perot-family industrial and mixed-use developer with AllianceTexas and similar master-planned logistics parks. Comparable as a large private industrial developer competing for national build-to-suit mandates.
- Panattoni Development Company: Largest privately held industrial developer in the US, active in Florida and the Sunbelt. Comparable competitor for large build-to-suit distribution facilities like County Line Farms I/II.
Regional players
- Vestcor Companies: Jacksonville-based, vertically integrated real estate developer with multifamily, student housing and commercial assets. Comparable as a Florida-headquartered, privately held regional developer/owner-operator.
Direct peers
- Stiles Corporation: Fort Lauderdale-based commercial real estate firm with development, brokerage, property management and construction services. Closely parallels Aspyre's full-stack CRE model in Florida.
- Terreno Realty Corporation: Urban infill industrial REIT that acquires, develops and operates Class A industrial real estate. Closely matches Aspyre's tenant-driven, high-quality industrial development orientation at smaller deal sizes.
- EastGroup Properties: Sunbelt-focused Class A industrial REIT with heavy Florida exposure. Most directly comparable publicly traded operator to Aspyre's build-to-suit, multi-tenant industrial strategy in Central Florida.
- Trademark Property Company: Family-influenced, mixed-use and commercial developer with a deep presence in Texas and the Southeast. Comparable private competitor to Aspyre in scale, mixed office/retail/industrial portfolio and regional build-to-suit focus.
- Foundry Commercial: Orlando-based, full-service commercial real estate firm with leasing, property management and investment sales across the Southeast. Comparable regional Florida competitor on the office/industrial leasing and management side.
- First Industrial Realty Trust: Diversified industrial REIT focused on Class A bulk and light-industrial distribution properties. Comparable to Aspyre in target asset type, build-to-suit capability, and tenant profile (3PLs, retailers, manufacturers).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Aspyre Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aspyre Properties leadership team
Management profileNumber of profiles
Profiles3 records
Aspyre Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aspyre Properties 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 Aspyre Properties
What does Aspyre Properties do?
Aspyre Properties develops, owns, and manages Class A commercial office and industrial real estate in Central Florida, with a portfolio of approximately 930,000 SF across industrial, distribution, manufacturing, office, flex, and mixed-use properties. Core services include build-to-suit development for major enterprise tenants (e.g., Ace Hardware, Lowe's) and on-site property management for owned and third-party assets. Properties are concentrated along the Interstate 4 corridor in the Lakeland, Florida market.
Is Aspyre Properties a public or private company?
Aspyre Properties is a private company. It is classified as family owned and is currently operating.
When was Aspyre Properties founded?
Aspyre Properties was founded in 2018. It employs 11 to 50 people.
Where is Aspyre Properties based?
Aspyre Properties is headquartered in Lakeland, United States, in the North America region.
How does Aspyre Properties make money?
Two revenue lines are on record. Commercial Real Estate Development is the primary driver. The others are property Management Services.
Who are Aspyre Properties's main competitors?
Broad incumbents on record are Prologis, Hillwood and Panattoni Development Company. Vestcor Companies is listed as a regional player. Direct peers are Stiles Corporation, Terreno Realty Corporation, EastGroup Properties, Trademark Property Company, Foundry Commercial and First Industrial Realty Trust.
Does Aspyre Properties have an API?
No public API is recorded for Aspyre Properties.
What industry is Aspyre Properties in?
Aspyre Properties's product category is Commercial Real Estate Development. Its primary akta.pro industry code is FSAEAJAE, New Development & Project Marketing (Pre-Construction Sales), with a secondary code of FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its NAICS code is 53121 and its SIC code is 6531.