Comras

What Comras does

The Comras Company of Florida, Inc. (operating as Comras Company or TCC) is a boutique commercial real estate brokerage, investment, and development firm founded in 1992 by Michael Comras and headquartered in Miami Beach. The firm operates exclusively in Southeast Florida across Miami-Dade, Broward, and Palm Beach Counties, with a specialized focus on retail and mixed-use properties in destination submarkets including Lincoln Road, Wynwood, Coconut Grove, Coral Gables, Downtown Miami, and East Las Olas Boulevard. Service lines span landlord representation, tenant representation, property development, joint venture co-development, sales and acquisitions, and third-party market analysis. Notable landlord clients include Federal Realty Investment Trust, Vornado Trust, CIM Group, Grass River Properties, Lightstone Group, Green Street Partners, and Miami Worldcenter Associates; tenant representation covers national and regional brands across retail, F&B, fitness, and lifestyle verticals.

The firm generates revenue through three primary streams: (1) retail leasing commissions on tenant and landlord representation assignments throughout the tri-county area, (2) equity participation and co-development of retail and mixed-use projects including own-balance-sheet property acquisitions, and (3) third-party consulting and market analysis provided to developers during acquisition and planning phases. Comras has assembled a small team of ~17 professionals including Managing Directors, Senior Directors, Directors, and Associates organized around landlord rep, tenant rep, development, and operations functions. The firm has no proprietary technology platform; it is a relationship-driven, expertise-based business that competes on decades of accumulated market intelligence, broker relationships, and brand recognition in its narrow geographic and vertical niche.

Comras's recent strategic posture has shifted toward a more capital-intensive model. In November 2025 the company acquired five Lincoln Road buildings for $130.8 million, funded by a $117 million debt facility from ACORE Capital, to develop the NoLi micro-district (150,000+ SF, 40+ retail spaces targeting early 2027 opening). This followed an April 2025 acquisition of a Pinecrest retail property for $10.7 million. The firm maintains a multi-partner JV pipeline with developers including Terra Group, Alta Developers, Rilea Group, Mack Development, Lennar, and Tricera Capital. While the company remains founder-owned and privately held with no disclosed PE backing, the pace of owned-asset acquisition and developer partnerships signals a transition from pure-fee brokerage toward a hybrid fee-and-principal model.

Name

Comras

Legal name

The Comras Company of Florida, Inc.

Website

https://comras.co

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

The Comras Company is a Miami Beach-based boutique commercial real estate firm founded in 1992 that provides retail leasing, tenant and landlord representation, and mixed-use property development services to institutional landlords and national retail, F&B, fitness, and lifestyle brands across South Florida.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage & Development

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)

akta.pro primary industry

Retail Tenant Representation (BPAJALAB)

akta.pro secondary industries

Real Estate Tenant Representation (FSAEAJAF), Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ)

Keywords

• Commercial real estate brokerage
• Retail leasing services
• Tenant representation
• Landlord representation
• Mixed-use development

Headquarters

HQ city

Miami Beach

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, Supply Chain

Revenue model

1. Retail Leasing Commissions: Commission-based leasing representation for retail tenants and landlords throughout South Florida, including project planning, site identification, marketing, and leasing services.
2. Joint Venture Development: Equity participation and co-development of retail and mixed-use projects, including own property acquisitions and repositioning.
3. Third-Party Consulting and Analysis: Providing detailed third-party market analysis for proposed developments during acquisition and planning phases, capitalizing on unrivaled market knowledge.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Comras is a boutique commercial real estate brokerage and development firm that represents landlords and tenants in retail leasing transactions throughout South Florida and develops, repositions, and co-invests in retail and mixed-use properties. Its core work covers landlord representation (marketing, leasing, and tenant curation), tenant representation for national and regional retail, dining, fitness, and lifestyle brands, and direct property development and joint venture equity participation in projects such as the NoLi Lincoln Road micro-district and The Canopy in Coconut Grove. The firm supplements deal-making with third-party market analysis and consulting for proposed developments during acquisition and planning phases.

Product overview

Comras Company is a boutique real estate development and leasing firm offering a comprehensive suite of services including landlord representation, tenant representation, property development, and project planning. The company's portfolio includes flagship projects like the NoLi (North Lincoln Road) micro-district development in Miami Beach, The Canopy mixed-use building in Coconut Grove, and The Davie South development. Operating across Miami-Dade, Broward, and Palm Beach Counties, the firm represents iconic commercial properties and serves major retail, dining, fitness, and lifestyle brands through its leasing services.

Differentiator

Problem solved

Functional benefit

Products and services

• Landlord Representation
• Tenant Representation
• Property Development
• Third-Party Market Analysis and Consulting

Quantifiable outcome

• Completed full retail lease-up at The Davie South eight months ahead of Q4 2026 delivery
• +2 more outcomes

Named customers28 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core and minor.

• 13th Floor InvestmentscoreStrategic or Co-development Partner · 5 May 2026Comras Company served as exclusive retail leasing agent for The Davie South mixed-use development at 3501 Davie Road in Davie, Florida. 13th Floor Investments is the developer of the project.
• Sasa ManagementminorOthers · 1 March 2026Tenant at The Canopy in Coconut Grove, a Comras Company repositioned mixed-use building.
• Link Business SchoolminorOthers · 1 March 2026Tenant at The Canopy in Coconut Grove office building.
• Federal Realty Investment TrustcoreOthersLandlord representation client for properties including CocoWalk redevelopment in Coconut Grove.
• Grass River PropertiescoreOthersLandlord representation client for various South Florida properties.
• Vornado TrustcoreOthersLandlord representation client for South Florida properties.
• Terra GroupcoreStrategic or Co-development PartnerDevelopment partner for mixed-use projects including Mary Street and One Tigertail developments.
• Alta DeveloperscoreStrategic or Co-development PartnerDevelopment partner for Quadro and Crest at Pinecrest mixed-use developments.
• Rilea GroupcoreStrategic or Co-development PartnerDevelopment partner for Mohawk Wynwood project in Miami's Wynwood Arts District.
• Mack DevelopmentcoreStrategic or Co-development PartnerDevelopment partner for District 36 project in Midtown/Design District.
• LennarcoreStrategic or Co-development PartnerDevelopment partner for Artem project in South Florida.
• Tricera CapitalcoreStrategic or Co-development PartnerDevelopment partner for Society project in South Florida.
• Green Street PartnerscoreOthersLandlord representation client for South Florida properties including Coconut Grove.
• Lightstone GroupcoreOthersLandlord representation client for South Florida properties.
• CIM GroupcoreOthersLandlord representation client for South Florida properties.
• Miami Worldcenter AssociatescoreOthersExclusive retail leasing agent for Miami Worldcenter, a 27-acre mixed-use project with 300,000 SF of retail space.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Phillips Edison & Company: Public retail REIT focused on grocery-anchored shopping centers with a national footprint and active third-party leasing program. Comparable as a large-scale retail landlord that engages external leasing brokers like Comras for tenant curation and re-tenanting assignments.
• Brixmor Property Group: Large publicly traded retail REIT with an open-air shopping center portfolio across top U.S. markets including South Florida. Overlaps with Comras's landlord representation and retail leasing focus, with Comras often competing for tenant rep mandates from Brixmor's national brand tenants.
• CBRE Group: World's largest commercial real estate services and investment firm with extensive retail brokerage and capital markets operations in South Florida. Competes with Comras for high-profile landlord assignments and national retailer expansion mandates.
• Kimco Realty: One of the largest publicly traded retail REITs in North America with significant South Florida shopping center holdings. Comparable as a major institutional landlord whose leasing assignments Comras competes to win and service.
• Cushman & Wakefield: Global commercial real estate services firm with significant retail brokerage, valuation, and capital markets capabilities across the U.S. including South Florida. Competes with Comras for national tenant representation mandates and major landlord leasing assignments, though at a vastly larger scale.
• Marcus & Millichap: Large national commercial real estate investment brokerage with a specialized retail division serving investors and tenants. Comparable business model as a transaction-focused commercial real estate brokerage, though broader geographically than Comras.
• Federal Realty Investment Trust: Large publicly traded retail REIT with a significant South Florida portfolio including CocoWalk. Both a landlord client of Comras (CocoWalk redevelopment) and a broad incumbent in the retail leasing and mixed-use development space where Comras operates.

Direct peers

• The Shopping Center Group: Retail-focused commercial real estate brokerage firm providing landlord and tenant representation across the Southeast U.S. Highly comparable boutique competitor focused exclusively on retail leasing and tenant representation, similar to Comras's core service offering.
• Terranova Corporation: Long-standing South Florida real estate investment, leasing, and property management firm focused on retail and mixed-use assets in Miami Beach and surrounding markets. Direct competitor in the same tri-county retail leasing and landlord representation space, including having previously owned some of the Lincoln Road buildings Comras acquired in 2025.
• Rilea Group: South Florida-based full-service real estate development firm specializing in mixed-use and retail projects in Miami's Wynwood, Brickell, and Design District. Comparable as both a development partner (Comras worked with Rilea on Mohawk Wynwood) and a competitor for institutional JV development mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ComrasCompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

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 Comras