Landmark Property & Development

What Landmark Property & Development does

Landmark Property & Development is a privately held, family-owned commercial real estate consulting and development firm founded in 2007 by Joren Peterson in Park City, Utah, currently headquartered at 208 S 1300 E, Salt Lake City, UT. The firm operates a five- to seven-person team structured around three service lines: Tenant Representation (providing market analysis, site selection, LOI/contract negotiations, and city incentive assessment for national and local retailers such as Life Time, Target, Restoration Hardware, and Lululemon), Developer Representation (offering void analysis, feasibility studies, land assemblage, rezoning, entitlement, tenant curation, and due diligence for property developers), and Landmark Investments (principal-side pursuits including strategic property investments and adaptive reuse redevelopments across Utah, Colorado, and Michigan).

The technology layer supporting these services consists of conventional commercial real estate analytics — market analytics, GIS analytics, void analysis, property comparables, and a proprietary active retailers database — managed by a dedicated database/platform operations specialist, with no disclosed AI/ML capabilities, APIs, or platform products. The underlying operating model is relationship-driven enterprise field sales: services are delivered directly through partners via tenant-representation and developer-representation engagements with municipal governments and corporate real estate teams, supported by multi-year partnerships with the Utah cities of Farmington, Spanish Fork, and Provo and a co-development partnership with Gardner-Plumb Holdings Development on the 100-acre Shops at Sky View project.

Revenue is generated through transaction-based brokerage commissions on leasing, acquisition, and disposition deals; professional services fees for pre-development analysis, strategic planning, and municipal consulting; and investment income from the firm's owned NNN and mixed-use property portfolio. Revenue is not publicly disclosed. Geographic operations span Utah (primary), Colorado, and Michigan, with an active development pipeline of master-planned mixed-use projects including Market West (South Jordan), Saratoga Springs City Center (172 acres), Shops at Sky View (Lehi), Farr West Marketplace, and Cache Valley Marketplace (Logan). The firm has no institutional equity backing, no parent company, and is controlled by the Peterson family, with three Peterson-family members and a fourth (Grace Tillman/Peterson) serving in partner or officer roles alongside independent team members.

Name

Landmark Property & Development

Legal name

Landmark Property & Development

Website

https://landmarkpd.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Landmark Property & Development is a privately held Salt Lake City-based commercial real estate consulting and development firm providing tenant representation, developer representation, and principal-side investments for national retailers, property developers, and Utah municipalities across Utah, Colorado, and Michigan.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Land Subdivision (23721), Residential Building Construction (23611)

SIC

Real Estate Agents & Managers (For Others) (6531), Operative Builders (1531)

akta.pro primary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

akta.pro secondary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Commercial real estate brokerage
• Retail tenant representation
• Developer representation services
• Commercial property investment
• Mixed-use development consulting

Headquarters

HQ city

Salt Lake City

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, Others

Revenue model

1. Brokerage Services: Traditional brokerage services for retail tenant representation and developer representation including acquisition, leasing, and development of retail/mixed-use projects. Revenue likely generated through commissions on transactions.
2. Strategic Consulting: Pre-development analysis, city incentive assessments, strategic planning, and market research services for clients.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

Core offering

Landmark Property & Development is a commercial real estate consulting and development firm that provides strategic retail tenant representation for national and local retailers, full-scope developer representation services for property owners and developers, and community-centered real estate investments including acquisitions, ground-up mixed-use developments, and adaptive reuse redevelopments across Utah, Colorado, and Michigan.

Product overview

Landmark Property & Development is a commercial real estate consulting and development firm operating as a unified service portfolio rather than a software platform. The core offerings include Tenant Representation (providing market analytics, site selection, and contract negotiations for retailers), Developer Representation (offering void analysis, feasibility studies, land assemblage, and entitlement services), an Available Properties listings platform featuring commercial development opportunities, and Landmark Investments managing community-centered property investments and adaptive reuse projects. The company serves national retailers and developers across Utah, Colorado, and Michigan markets.

Differentiator

Problem solved

Functional benefit

Named customers19 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

Four partnerships are on record, tiered core.

• City of FarmingtoncoreStrategic or Co-development PartnerLandmark partnered with the City of Farmington to transform two greenfield sites into class A retail and multi-family developments. Landmark demonstrated creativity when conceptualizing and executing a collaborative strategy, solving a municipal infrastructure need and bringing exciting uses to the community. Landmark worked alongside the City of Farmington to further the vision of the North Station Park area.
• City of Spanish ForkcoreStrategic or Co-development PartnerThe City of Spanish Fork worked with Landmark in revitalizing and expanding a key retail anchor box in the heart of their community. Through successful collaboration, the City was able to craft an incentive agreement and design elements that welcomed a long-sought-after retailer.
• City of ProvocoreStrategic or Co-development PartnerLandmark's collaboration with the City of Provo on two national retail tenant redevelopments has been a tremendous success. This multi-year partnership showcased the Landmark team's exceptional coordination and dedication, resulting in transformative revitalizations that significantly benefited the community and local economy.
• Gardner - Plumb Holdings DevelopmentcoreStrategic or Co-development PartnerGardner - Plumb Holdings Development is a co-development partner for The Shops at Sky View project, a 100-acre mixed-use development in Lehi, Utah (Silicon Slopes).

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JLL (Jones Lang LaSalle): Global real estate services firm with retail brokerage and capital markets capabilities. A direct competitor for large national retail tenant representation mandates.
• Marcus & Millichap: Large national commercial real estate investment sales brokerage with a retail specialty. Overlap with Landmark in retail tenant representation and developer advisory, though Marcus & Millichap operates at national scale with thousands of agents.
• CBRE Group: Global commercial real estate services firm offering brokerage, advisory, and property management. CBRE competes with Landmark for national retail tenant representation mandates at the enterprise level.
• Colliers International: Global commercial real estate services and investment management firm with retail brokerage. Competes with Landmark in retail tenant representation and developer advisory.
• Newmark Group: National commercial real estate advisory with retail capital markets and tenant representation. Overlaps with Landmark's retail and mixed-use expertise.
• Cushman & Wakefield: Global commercial real estate services firm with strong retail brokerage and advisory practices. Competes with Landmark for enterprise retail tenant representation.

Direct peers

• Mid-America Real Estate: Retail-focused commercial real estate firm serving national retailers and developers across the Midwest. Comparable to Landmark in retail tenant rep specialization and developer advisory services.
• TCN Worldwide: Commercial real estate services network of independent firms. Comparable in size, structure, and regional retail brokerage positioning to Landmark.
• SRS Real Estate Partners: National commercial real estate brokerage specializing in retail tenant representation, landlord representation, and capital markets. SRS is the closest direct peer to Landmark in retail brokerage focus, scale, and client mix.
• Lee & Associates: Mid-market commercial real estate brokerage network with regional offices. Operates at a comparable scale to Landmark with similar retail and mixed-use focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/landmark-property-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Landmark Property & Development