What Marshall Properties does

Marshall Properties, Inc. (MPI) is a privately held, family-owned real estate firm founded in 1994 that develops, owns, and manages commercial and residential real estate investments across the East Coast, with a concentrated footprint in Rhode Island and Southeastern Massachusetts. The company operates an integrated, vertical model spanning acquisition, land development, construction management, design/build, and cost estimating, allowing it to control projects from inception through long-term ownership and operation.

Its portfolio spans five core asset classes: retail (Smith Street Plaza anchored by ALDI; Crossroads at 24, a 350,000-SF center anchored by Walmart and Sam's Club), office and medical office (375 Wampanoag Trail, a 72,000-SF build-to-suit for Brown Physicians; 950 Warren Avenue leased to Lifespan for ~54,000 SF of clinical space), residential (Chestnut Commons, a ~111,000-SF mixed-use development with 92 residential units; Commando Village, a 300-unit military housing community managed with Winn Residential at 98% occupancy), hospitality (Hilton Garden Inn), and self-storage (750+ units across Providence and Fall River). Tenant base includes national retailers, healthcare systems, corporate users, and a military housing partnership.

Revenue mechanics combine one-time development fees and property sales with recurring rental income from owned assets and a managed-services component for military housing. The company is sales-led, relationship-driven, and relies on its corporate website as the primary marketing channel, with no app, no public API, and no disclosed pricing; deal flow is quote-based and project-specific. Ownership is concentrated with the Marshall family, with no external investors, parent company, or subsidiary structure identified in available data.

Name

Marshall Properties

Legal name

Marshall Properties, Inc.

Website

https://marshallpropertiesinc.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Marshall Properties is a family-owned Rhode Island real estate firm that develops, owns, and manages commercial and residential properties—including retail, medical office, hospitality, self-storage, and military housing—primarily in Rhode Island and Southeastern Massachusetts.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Lessors of Other Real Estate Property (53119), Real Estate Property Managers (53131), Other Activities Related to Real Estate (531390)

SIC

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

akta.pro primary industry

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

akta.pro secondary industries

Healthcare & Medical Office Property Management (BPAJAGAF), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

Keywords

• Commercial real estate development
• Property management services
• Retail development
• Mixed-use developments
• Real estate investment

Headquarters

HQ city

Pawtucket

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Real Estate Development: Developing retail, office, medical office, hospitality, and storage properties for lease and ownership. Revenue generated through development fees, property sales, and long-term asset ownership.
2. Property Management and Leasing: Owning and managing commercial and residential properties generating recurring rental income from tenants across retail, office, medical, hospitality, and storage sectors.
3. Military Housing Management: Managing military housing developments such as Commando Village, with 300 units serving the military community, currently 98% occupied and managed in partnership with Winn Residential.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Marshall Properties develops, owns, and manages commercial and residential real estate investments across retail, Class A office, medical office, hospitality, residential, and storage sectors. The company offers full-service capabilities including site acquisition, land development, construction management, design/build, and cost estimating, with a regional focus on Rhode Island and Southeastern Massachusetts.

Product overview

Marshall Properties operates as a diversified real estate development company offering six integrated core services: Retail Development (shopping centers, grocery-anchored developments, and single-tenant retail), Office/Medical Office Development (Class A office and medical facilities), Residential Development (mixed-use urban communities and military housing), Hospitality Development (hotels with retail components), Storage Facilities (self-storage developments), and Construction Services (in-house construction management, design/build, and cost estimating). The company develops, owns, and manages commercial and residential real estate investments with a focus on the Rhode Island and Southeastern Massachusetts markets along the East Coast.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Development Development of retail properties including shopping centers, grocery-anchored developments, and single-tenant retail buildings along the East Coast for national retail chains and local retailers.
• Office/Medical Office Development Development of Class A office buildings and medical office facilities serving healthcare systems and commercial tenants for hospital systems, physician groups, and medical specialists.
• Residential Development Mixed-use residential developments and military housing communities providing upscale urban living units and military family housing for individual renters and military families.
• Hospitality Development Hotel and hospitality property development including full-service hotels with associated retail and restaurant components for hotel operators and business travelers.
• Storage Facilities Self-storage facility development and management including climate-controlled facilities with hundreds of rental units for individual and business storage customers.
• Construction Services In-house construction capabilities providing construction management, design/build, and cost estimating services for the firm's real estate development projects.

Quantifiable outcome

• 98% occupancy rate at Commando Village military housing development
• +2 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles5 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.

• Winn ResidentialcoreOthersWinn Residential manages Commando Village, a 300-unit military housing development located adjacent to Hurlburt Field in Ft. Walton Beach, Florida. The property has been serving the military community for over 20 years and maintains 98% occupancy. This is a property management partnership where Winn Residential handles day-to-day operations of the housing development.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: Global leader in residential property management, development, and investment, comparable to Marshall's residential and military housing management capabilities as a much larger incumbent.
• The RMR Group: Real estate management services firm overseeing a diversified portfolio of commercial and healthcare assets, comparable to Marshall's third-party property management and asset management function.
• Phillips Edison & Company: Public net-lease REIT focused on grocery-anchored necessity retail shopping centers, comparable to Marshall's Smith Street Plaza and Crossroads at 24 anchored retail model.
• Kimco Realty: Large publicly traded shopping center REIT that owns and operates open-air retail centers, comparable as a scaled incumbent in Marshall's retail leasing and management practice.
• Healthcare Realty Trust: Public medical office REIT that owns and operates healthcare-related real estate, comparable to Marshall's medical office buildings leased to Lifespan and Brown Physicians.
• Brixmor Property Group: National grocery-anchored shopping center owner and operator, comparable as a larger-scale incumbent in Marshall's retail development and leasing vertical.

Direct peers

• Hammes Partners: Healthcare real estate developer and advisor that develops, owns, and manages medical office facilities for major health systems, comparable to Marshall's integrated healthcare development practice.
• Anchor Health Properties: Specialized medical office development and ownership firm focused on healthcare real estate for hospital systems and physician groups, directly comparable to Marshall's Lifespan and Brown Physicians build-to-suit engagements.
• Winn Residential: Residential property manager specializing in military and family housing, directly comparable as Marshall's operating partner on Commando Village and as a peer in residential property management.
• Dolben Company: New England-focused multifamily and mixed-use developer and property manager, comparable to Marshall's regional residential and mixed-use development in Rhode Island/Southeastern Massachusetts.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Marshall Properties