AB&B CRE
AB&B CRE is a Cary, North Carolina-based, privately held commercial real estate fund that acquires, develops, and manages medical-anchored retail and office properties across the Carolinas, serving healthcare, retail, and office tenants through a vertically integrated operator-led platform with $250M+ in assets under management.
- Company typePrivate
- Founded2009
- HeadquartersCary, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AB&B CRE does
AB&B CRE (AB&B Commercial Real Estate) is a privately held, vertically integrated commercial real estate fund based in Cary, North Carolina, that acquires, repositions, develops, and operates commercial real estate assets primarily in North Carolina with expansion into South Carolina and the broader Mid-Atlantic. The company was co-founded by Dr. Hesham Baky and Dr. Jonathan Boes, practicing dentists who built Triangle Family Dentistry and Carolina Orthodontics before evolving their operator expertise into a real estate investment platform. The portfolio comprises 23 properties totaling 800,000-890,000 square feet with over 200 tenants and reported occupancy rates of 90-97%, generating more than $250 million in assets under management.
The fund's core product is a vertically integrated capability stack spanning site selection, acquisition, ground-up development, asset management, and property oversight. Site selection is driven by a proprietary buy box framework that incorporates demographic factors (population-to-provider ratio, household formation), traffic and adjacency analysis, and lease structure durability, differentiated by the founders' ability to underwrite healthcare tenant business performance rather than just financial metrics. Development is executed through long-term partnerships with Chambliss & Rabil (construction) and Redfoot Studio (architecture), while property management is outsourced to Trinity Partners and the merged Lee & Associates/Lundy entity. Tenant interaction is enabled through a SecureCafe3-powered tenant portal handling rent payments, maintenance requests, and account access.
AB&B generates revenue through rental income from its owned portfolio, asset management fees from investors and partners (notably Blue Ridge Capital Fund), and transaction-based economics from acquiring and repositioning underutilized properties. The primary customer base is medical and healthcare tenants (dental, orthodontic, medtail), supported by retail tenants (national brands such as Starbucks, Michaels, and Vitamin Shoppe alongside local operators) and a small allocation of general office. Customers are acquired via in-house broker partnerships (MC&G Commercial, MetCap, CBRE Raleigh, The Shopping Center Group) and direct relationships with anchor healthcare tenants. The business functions as a specialized, healthcare-anchored CRE fund rather than a technology platform, with no disclosed venture capital, institutional ownership, or public listing.
AB&B CRE firmographics
Firmographics- Name
- AB&B CRE
- Legal name
- AB&B Commercial Real Estate
- Website
- https://abbcre.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AB&B CRE is a Cary, North Carolina-based, privately held commercial real estate fund that acquires, develops, and manages medical-anchored retail and office properties across the Carolinas, serving healthcare, retail, and office tenants through a vertically integrated operator-led platform with $250M+ in assets under management.
- Ownership category
- akta.pro rank
AB&B CRE industry classification
Industry- Product category
- Commercial Real Estate Fund Management
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
Keywords
Where AB&B CRE is headquartered
LocationHeadquarters
- HQ city
- Cary
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
AB&B CRE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Rental Income: Primary revenue from leasing commercial properties including retail, medical office, and general office spaces. Properties under management generate rental income from 200+ tenants across 23 properties.
- Asset Management Fees: Fees from managing real estate assets for investors and partners including Blue Ridge Capital Fund.
- Property Acquisition and Repositioning: Revenue generated from acquiring underutilized properties, improving them, and selling or maintaining them in the portfolio. Focus on acquiring distressed assets during market downturns.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
AB&B CRE product offering
Product offeringCore offering
AB&B CRE is a vertically integrated commercial real estate fund that acquires, repositions, develops, leases, and manages commercial properties — primarily medical office, retail, and general office — across North Carolina. The company manages over $250 million in assets spanning 23 properties and 800,000+ sq ft, serves 200+ tenants, and supports investors with asset management while offering tenants an online portal for rent and maintenance.
Product overview
AB&B CRE operates as a vertically integrated Commercial Real Estate Fund management platform in North Carolina. The company offers a unified suite of services including fund management, property acquisition and repositioning, ground-up development, tenant portal services, and ongoing asset management. The portfolio spans 23 properties across medical office, retail, and general office categories totaling over 800,000 square feet. Key anchor tenants include Triangle Family Dentistry and Carolina Orthodontics & Children's Dentistry. The tenant portal, powered by SecureCafe3, provides tenants with rent payment processing, maintenance request management, and account access. Development activities leverage partnerships with Blue Ridge Capital Fund and strategic construction partners for ground-up medical and retail projects.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Real Estate Fund Management
- Tenant Portal
- Property Portfolio Management
- Ground-Up Development
- Site Selection & Acquisition
Quantifiable outcome
- 97% global occupancy rate
- +7 more outcomes
Companies that use AB&B CRE
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
AB&B CRE technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
AB&B CRE partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, strategic and secondary.
- Lee & Associates / Lundy ManagementcoreMerged entity combining Lee & Associates' retail property management with Lundy's medical office specialization. Previously handled separate property management for AB&B's retail and medical office portfolios. Merger creates unified property management ecosystem.
- MC&G CommercialcoreCommercial brokerage firm handling leasing for several AB&B properties across North Carolina including the Triangle, Charlotte, Fayetteville, and Lexington. Laura Saleh serves as primary broker contact. Works on site selection, layout, parking, co-tenancy, and buildout planning.
- MetCap CommercialcoreCommercial broker partnership for leasing strategy and landlord representation. Laura Saleh handles leasing for AB&B properties including new developments. Works in lockstep with AB&B from site selection to signed lease.
- Trinity PartnerscoreSoutheast commercial real estate firm providing property management, project management, tenant upfits, brokerage, and construction services. Margaret Williams leads property management for AB&B portfolio. Operates in Yardi and ClickUp systems shared with AB&B.
- Chambliss & Rabil (C&R)coreRaleigh-based general contractor that has built nearly every ground-up development AB&B has ever delivered. Chris Dougherty leads AB&B projects. Involved from initial site evaluation before purchase decisions. Monthly coordination meetings covering all development projects. Expanding into South Carolina following AB&B's growth.
- Redfoot Studio ArchitecturecoreArchitecture firm founded by Richard Redfoot. Has designed every ground-up AB&B project since 2008 plus tenant fit-outs across portfolio. Licensed in South Carolina ahead of AB&B expansion. Relationship described as evolving from client-architect to collaborative partnership.
- Triland CREstrategicStrategic planning and asset management partnership led by Yezen Hamad. Instrumental in MacGregor Village acquisition and ongoing asset management. Manages relationships with property managers and drives leasing efforts.
- Lightwave DentalstrategicPrivate equity-backed dental group that partnered with Triangle Family Dentistry and Carolina Orthodontics for 2019 exit. Chief Dental Officer Dr. Clifton Cameron serves as AB&B Strategic Advisor. Demonstrates operator-investor exit model.
- Triangle Family Dentistry / Carolina OrthodonticscoreCo-founded by Dr. Hesham Baky and Dr. Jonathan Boes. Primary anchor tenant for medical office developments. 400+ new patients per month at initial location. Foundation for operator-led real estate strategy.
- Chambliss & Rabil (C&R)coreCivil engineering and site work partner working with C&R team. Part of integrated development team including AB&B co-founders, C&R, Redfoot Studio, and VHB.
- CBRE RaleighsecondaryCommercial brokerage representing MacGregor Village property. John Burleson serves as broker contact.
- The Shopping Center GroupsecondaryCommercial brokerage handling Wake Forest Crossing property. Taylor Drouillard serves as broker contact.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
AB&B CRE competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AB&B CRE social profiles
Digital presenceAB&B CRE financial estimates
Financial estimateRevenue estimate
Valuation estimate
AB&B CRE leadership team
Management profileNumber of profiles
Profiles17 records
AB&B CRE funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AB&B CRE 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 AB&B CRE
What does AB&B CRE do?
AB&B CRE is a vertically integrated commercial real estate fund that acquires, repositions, develops, leases, and manages commercial properties — primarily medical office, retail, and general office — across North Carolina. The company manages over $250 million in assets spanning 23 properties and 800,000+ sq ft, serves 200+ tenants, and supports investors with asset management while offering tenants an online portal for rent and maintenance.
Is AB&B CRE a public or private company?
AB&B CRE is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AB&B CRE founded?
AB&B CRE was founded in 2009. It employs 1 to 10 people.
Where is AB&B CRE based?
AB&B CRE is headquartered in Cary, United States, in the North America region.
How does AB&B CRE make money?
Three revenue lines are on record. Rental Income is the primary driver. The others are asset Management Fees and property Acquisition and Repositioning.
Does AB&B CRE have an API?
No public API is recorded for AB&B CRE.
What industry is AB&B CRE in?
AB&B CRE's product category is Commercial Real Estate Fund Management. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management. Its NAICS code is 5312 and its SIC code is 6531.