SIM
SIM (Scottsdale Investment Management) is a privately held Scottsdale, Arizona real estate investment firm founded in 1978 that partners with high-net-worth investors to acquire, develop, and manage income-producing commercial, industrial, and land assets across the Southwestern United States and British Columbia, Canada.
- Company typePrivate
- Founded1978
- HeadquartersScottsdale, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What SIM does
SIM (Scottsdale Investment Management), founded in 1978 and headquartered in Scottsdale, Arizona, is a privately held real estate investment and asset management firm operating as SIM, LLC. The company partners with sophisticated high-net-worth investors to acquire value-added income-producing commercial and industrial properties, strategically located development land, industrial development projects, and single-family rental communities, primarily across Arizona and the broader Southwestern United States, with selected exposure to British Columbia, Canada. SIM offers three core services — investment syndication, full-lifecycle development (commercial and residential), and in-house property management for assets it owns with partners — and has historically also acquired operating businesses to complement its real estate holdings. Its portfolio spans over 5 million square feet of buildings and 7,780+ acres of land across multiple states, with notable transactions including a $100M+ portfolio sale to Starwood Capital in 1997, a 2021 co-development partnership with ViaWest Group for Sub-Zero's $118 million, 600,000 SF Goodyear manufacturing facility (delivered 2024), and Banner Health's 2024 primary care anchor at SIM's headquarters address.
The firm operates with a lean current team of 1-10 employees, supported by long-standing third-party broker, lender, and contractor relationships that provide scalable capacity without fixed overhead. SIM's revenue model combines recurring rental income from owned real estate, one-time development and tenant improvement construction revenue, and management/income streams from acquired operating businesses. Its go-to-market is relationship-driven and consultative: the firm relies on direct outreach to high-net-worth investors (many of whom have invested for over 30 years) rather than digital marketing or intermediated capital raising. Multi-generational leadership — original founders Tim Grant, Garry Jestadt, and Ed Grant III remain active and have been joined by Ed Grant IV and Ryan Grant — provides continuity and institutional knowledge of the Arizona market across multiple economic cycles including the RTC Savings & Loan crisis. No AI, proprietary technology platform, or external institutional investors are disclosed; the business is fundamentally a relationship and cycle-experience-driven real estate partnership operator.
SIM firmographics
Firmographics- Name
- SIM
- Legal name
- SIM, LLC
- Website
- https://simaz.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SIM (Scottsdale Investment Management) is a privately held Scottsdale, Arizona real estate investment firm founded in 1978 that partners with high-net-worth investors to acquire, develop, and manage income-producing commercial, industrial, and land assets across the Southwestern United States and British Columbia, Canada.
- Ownership category
- akta.pro rank
SIM industry classification
Industry- Product category
- Commercial Real Estate Investment and Asset Management
- NAICS
- Real Estate Property Managers (53131), Nonresidential Property Managers (531312), Residential Property Managers (531311), Real Estate Credit (522292), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Investors, Nec (6799)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
- akta.pro secondary industries
- Residential Real Estate Asset Management (BPAJAMAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where SIM is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SIM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Real Estate Investment/Syndication: SIM organizes real estate partnerships for investment, providing sophisticated investors access to commercial and industrial real estate, land investments, and development projects in the Southwest US. Returns come from income (rental/lease payments) and appreciation through strategic holds.
- Development: SIM is active in both commercial and residential construction real estate industries. They complete development and tenant improvement construction throughout the Southwest, managing the full development life cycle from pre-development planning through construction completion and lease-up.
- Property Management: SIM manages projects it owns with partners. They monitor properties, complete property inspections for lease compliance, focus on building structural and roof maintenance, and ensure land holdings maintain code compliance and proper tax holding designations.
- Operating Businesses: SIM has acquired multiple operating businesses that provide strong income and remarkable growth, complementing their real estate holdings.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
SIM product offering
Product offeringCore offering
SIM organizes syndicated real estate partnerships for sophisticated investors focused on value-added, income-producing commercial and industrial real estate, strategically located development land projects, industrial development, and single-family rental communities across the Southwest US and Canada. The firm is active in commercial and residential construction real estate, providing full development lifecycle services from pre-development planning and site analysis through construction completion and lease-up. SIM manages projects it owns with its partners, including property inspections for lease compliance, structural and roof maintenance, and code/tax compliance monitoring for land holdings.
Product overview
SIM (Scottsdale Investment Management) is a real estate investment and development company offering three core services: Investment Services (partnering with investors for commercial real estate opportunities in the Southwest), Development Services (commercial and residential construction with full development lifecycle capabilities), and Property Management Services. The company manages a diversified property portfolio including office buildings, industrial/warehouse properties, land investments (over 10,000 acres across multiple states), and residential communities. The portfolio spans over 5 million square feet of buildings and 10,000+ acres of land across Arizona, Nevada, Colorado, California, and Canada.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Services Partnership with sophisticated investors for commercial real estate investment opportunities in Arizona and the Southwest US market, focusing on income and growth opportunities in strategically located growth markets. SIM organizes real estate syndications targeting value-added, income-producing commercial and industrial real estate, strategically located development land, industrial development, and single-family rental communities.
- Development Services Active in both commercial and residential construction real estate industries with experience spanning the full development lifecycle, including pre-development planning, site and building analysis, working with governing jurisdictions, construction document review, construction completion, and lease-up. Build-to-suit capabilities demonstrated by projects such as the $118 million, 600,000 SF Sub-Zero manufacturing and distribution center in Goodyear, AZ (in partnership with ViaWest Group).
- Property Management Services Management of projects SIM owns with its partners, including property inspections for lease compliance, focus on building structural and roof maintenance, monitoring of land holdings for code compliance and proper tax holding designations. SIM does not generally provide third-party management services; with few exceptions it manages projects it owns with its partners.
Quantifiable outcome
- 45+ years of continuous operation since 1978
- +3 more outcomes
Companies that use SIM
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
SIM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SIM partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and supporting.
- ViaWest GroupcoreViaWest Group partnered with SIM (Scottsdale Investment Management) to create a combined 36+ acre site for Sub-Zero's new manufacturing and distribution center in Goodyear, AZ. ViaWest Group had owned their parcel for nearly 20 years but needed to work with SIM's adjacent property to create a site that could accommodate Sub-Zero's 600,000 SF facility.
- Willmeng (General Contractor)supportingWillmeng served as the general contractor for the Sub-Zero project in Goodyear. Brian Johnson was Phoenix market leader for Willmeng and managed additional capacity additions during construction while maintaining the schedule.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
SIM competitors and assessment
Company assessmentDirect peers
- Westbrook Partners: Private, institutionally minded commercial real estate investment firm that acquires and develops properties using pooled investor capital. Comparable to SIM as a sponsor that combines principal investment with investor syndication across commercial property types.
- Crow Holdings: Privately held, family-controlled commercial real estate investment and development firm operating across multiple US Sun Belt markets. Closely comparable to SIM in that both are sponsor/principal operators deploying long-tenured investor capital into commercial, industrial, and land plays in growth regions.
Broad incumbents
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Comparable to SIM in offering real estate investment, leasing, and property management services, though at vastly greater scale and with institutional fund vehicles.
- Marcus & Millichap: Specialized commercial real estate investment sales and financing brokerage focused on middle-market investors. Comparable to SIM in that both interface with private investors buying and selling commercial properties, though Marcus & Millichap is a brokerage intermediary rather than a principal investor.
- Cushman & Wakefield: Global commercial real estate services firm offering investment sales, leasing, and asset management. Comparable at the activity level (leasing brokerage on commercial properties and capital markets advisory) but vastly larger in scale and geographic reach than SIM.
- Principal Real Estate Investors: Large institutional real estate investment manager affiliated with Principal Financial Group. Comparable to SIM in managing capital on behalf of long-duration investors for commercial real estate exposure, but vastly larger and more institutional in structure.
- W. P. Carey Inc. Public net-lease and commercial real estate investment manager. Larger and broader than SIM but comparable in the combination of long-duration capital partners, recurring property income, and principal investment alongside managed capital.
- Colliers International: Global commercial real estate services firm providing investment sales, leasing, valuation, and property management. Comparable to SIM across multiple service lines (investment sales, leasing, property management) but with global scale versus SIM's regional focus.
Regional players
- NAI Horizon (Phoenix): Arizona-based commercial real estate brokerage and property management firm. Comparable to SIM because both are regional Southwest US commercial real estate operators serving local investors and tenants across office and industrial product types.
- Sperry Commercial Global Affiliates: Commercial real estate brokerage platform with strong regional affiliate presence across the western US. Comparable to SIM in serving private investors and middle-market commercial real estate owners in markets like Phoenix and the broader Southwest.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SIM social profiles
Digital presenceSIM financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIM leadership team
Management profileNumber of profiles
Profiles8 records
SIM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIM 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 SIM
What does SIM do?
SIM organizes syndicated real estate partnerships for sophisticated investors focused on value-added, income-producing commercial and industrial real estate, strategically located development land projects, industrial development, and single-family rental communities across the Southwest US and Canada. The firm is active in commercial and residential construction real estate, providing full development lifecycle services from pre-development planning and site analysis through construction completion and lease-up. SIM manages projects it owns with its partners, including property inspections for lease compliance, structural and roof maintenance, and code/tax compliance monitoring for land holdings.
Is SIM a public or private company?
SIM is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SIM founded?
SIM was founded in 1978. It employs 1 to 10 people.
Where is SIM based?
SIM is headquartered in Scottsdale, United States, in the North America region.
How does SIM make money?
Four revenue lines are on record. Real Estate Investment/Syndication is the primary driver. The others are development, property Management and operating Businesses.
Who are SIM's main competitors?
Direct peers on record are Westbrook Partners and Crow Holdings. Broad incumbents are JLL (Jones Lang LaSalle), Marcus & Millichap, Cushman & Wakefield, Principal Real Estate Investors, W. P. Carey Inc. and Colliers International. Regional players are NAI Horizon (Phoenix) and Sperry Commercial Global Affiliates.
Does SIM have an API?
No public API is recorded for SIM.
What industry is SIM in?
SIM's product category is Commercial Real Estate Investment and Asset Management. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management, with a secondary code of BPAJAMAA, Residential Real Estate Asset Management. Its NAICS code is 53131 and its SIC code is 6531.