Leaseco Realty

What Leaseco Realty does

Leaseco Realty Inc. is a commercial real estate brokerage firm headquartered in Calgary, Alberta, founded in 1986 and operating with a 1-10 employee team. The firm specializes in leasing and sales of retail and mixed-use properties, serving both tenants (retailers, restaurants, professional service providers) and landlords/developers across Calgary and the broader Alberta market. Core services include lease negotiation, site selection, project management, and ongoing property management, positioning Leaseco as a "fully integrated" real estate platform spanning project conception through development, leasing, and operations.

The company is a subsidiary of JF Mitchell Developments Inc., with sister company Certus Developments Inc. functioning as the affiliated developer that sources many of Leaseco's listing mandates. This corporate structure creates a vertically integrated pipeline: Certus develops properties, Leaseco leases them, and asset managers (including Salthill Capital in select cases) handle ongoing operations. Leaseco also pursues mandates from third-party developers, notably the Cidex Group of Companies' Shoppes @ Beacon Hill. The firm maintains a digital presence through its website (leasecorealty.com), an active "Ask Leaseco Realty" educational blog, and an email newsletter, supported by direct broker contacts for Joe Gregory, Eric Quach, Sam Trafford, and Jim Mitchell.

Revenue is generated through three streams: transaction-fee commissions on lease and sale deals, managed property services fees, and project management professional services fees. The customer base is diverse, spanning enterprise anchor tenants (Shoppers Drug Mart, Starbucks, Chipotle, MEC, Lululemon, TD Bank, Petro-Canada, Shell) and a long tail of SMB and mid-market restaurants, retailers, and service providers. Pricing is transaction-specific and not publicly disclosed, although public market data indicates Calgary retail space at historic low 2.8% availability and downtown office at $16.31/sq.ft. as of 2025, supporting a favorable transaction environment.

Name

Leaseco Realty

Legal name

Leaseco Realty Inc.

Website

https://leasecorealty.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

Leaseco Realty Inc. is a Calgary-based commercial real estate brokerage (founded 1986) specializing in retail and mixed-use leasing, site selection, project management, and property management for tenants, landlords, and developers across Alberta, operating as part of the JF Mitchell Developments group alongside sister developer Certus Developments Inc.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

akta.pro secondary industry

Real Estate Tenant Representation (FSAEAJAF)

Keywords

• Commercial real estate brokerage
• Commercial lease negotiation
• Site selection services
• Property management services
• Retail property leasing

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Commercial Lease Brokerage: Leaseco Realty earns commission income by representing tenants and landlords in commercial lease transactions. Services include lease negotiation, site selection, and matching commercial tenants with appropriate properties throughout Calgary and Alberta.
2. Property Management Services: Ongoing property management services for commercial properties, including tenant relations, maintenance oversight, and operational management. Properties managed include those developed or owned by related companies such as Certus Developments Inc.
3. Project Management: Project management services for commercial real estate development and redevelopment projects, from project conception through completion.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Leaseco Realty is a commercial real estate brokerage firm based in Calgary, Alberta that connects commercial tenants with landlords. The firm provides lease negotiation, site selection, project management, and property management services for retail, office, industrial, and mixed-use properties throughout Calgary and Alberta. It operates as a fully integrated real estate company delivering end-to-end solutions from project conception through development, leasing, and management.

Product overview

Leaseco Realty is a fully integrated commercial real estate company providing end-to-end solutions from project conception to development, leasing, and management. The company operates as a commercial real estate brokerage with core services including lease negotiation, site selection, project management, and property management services. They connect tenants with commercial spaces and help landlords find quality tenants across Calgary and Alberta markets.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Historic low 2.8% retail availability rate in Calgary (2025)
• +3 more outcomes

Named customers52 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core, minor and major.

• Certus Developments Inc.coreStrategic or Co-development PartnerRelated company under JF Mitchell Developments Inc. parent. Certus Developments is a fully integrated real estate development firm in Calgary Alberta. Leaseco Realty provides brokerage services for Certus properties and Certus provides property management for many Leaseco-listed properties. Tigerstedt Block, Royal Oak Park, Northland Plaza, and numerous other properties are developed and managed by Certus.
• JF Mitchell Developments Inc.coreStrategic or Co-development PartnerParent company of both Leaseco Realty Inc. and Certus Developments Inc. Provides strategic direction and operational integration between the related real estate companies.
• Salthill CapitalminorOthersAsset management company that now manages Royal Oak Park property. Salthill Capital acquired management responsibilities for this Certus-developed shopping centre.
• Cidex Group of CompaniesmajorStrategic or Co-development PartnerDeveloper of Shoppes @ Beacon Hill, a premier commercial retail destination in Calgary's Northwest. Leaseco Realty is proud to announce listings at this newly built shopping centre developed by Cidex Group of Companies at 112th Avenue and Sarcee Trail NW.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: World's largest commercial real estate services firm with a Calgary office. Provides brokerage, property management, and project management across all asset classes — directly overlapping with Leaseco's service offerings at a much larger scale.
• Colliers International: Canadian-founded global CRE services firm with strong retail brokerage and property management practices across Canada. Operates at significantly larger scale than Leaseco, but competes for the same retail and mixed-use mandates in Calgary and Alberta.
• Cushman & Wakefield: Global CRE services firm with Canadian operations including Calgary. Offers brokerage, property management, and project services across retail and office — overlapping directly with Leaseco's core competencies.
• JLL (Jones Lang LaSalle): Global CRE and investment management firm with a Calgary/Alberta presence. Competes for retail, office, and mixed-use leasing assignments and property management contracts throughout the same geography as Leaseco.

Emerging players

• TenantBase: An emerging commercial leasing marketplace that enables tenants to source space directly, partially disintermediating traditional brokerages like Leaseco for smaller retail and office assignments.

Direct peers

• Avison Young: Canadian-founded global commercial real estate services firm with a significant Calgary office. Offers brokerage, property management, and project management across retail, office, and mixed-use — directly comparable to Leaseco's full-service model.

Regional players

• ICI Canada (now part of Altus Group): Historically focused on Canadian retail and investment CRE brokerage. Comparable to Leaseco in retail specialization and Canadian regional focus.
• NAI Commercial Real Estate: Western Canadian commercial real estate brokerage focused on retail, office, and investment properties across British Columbia and Alberta. Comparable to Leaseco in size and regional specialization, with similar retail and mixed-use brokerage focus.
• Royal LePage Commercial: Canadian commercial real estate brokerage network with franchise model across the country. Competes for retail and office leasing assignments in Calgary and Alberta.
• Re/Max Commercial: Canadian commercial real estate brokerage franchise network with active presence in Calgary and Alberta. Comparable franchise-driven brokerage model with retail and mixed-use focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/leaseco-realty

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Leaseco Realty