Oakland Real Estate Company

What Oakland Real Estate Company does

Oakland Real Estate Company is a privately held commercial and residential real estate management firm headquartered at 216 Oakland Avenue in Pittsburgh, Pennsylvania. Founded in 1924 by the Schwartz & Coyne families, the company manages a diversified Oakland-neighborhood portfolio spanning retail/restaurant storefronts, a technology campus with co-working space and dedicated offices, residential apartment buildings, and parking facilities, on behalf of itself and its partners. Its current operations are led by Co-Managing Partner Henry Schwartz, who also oversees Schwartz Properties.

The company's revenue model is anchored in recurring rental income and property management fees generated from long-term leases to a tenant base that spans SMB restaurants and coffee shops (El Jefe Taqueria, Stack'd Burgers, Pamela's Country Kitchen, Redhawk Coffee, La Gourmandine, others), chain retail (FedEx Office, Rally House, Fine Wine & Good Spirits, Noodles & Company), technology tenants of varying sizes (Fujitsu, Mayhem, Innovate PGH, Avenu Workspaces, LifeX, plus historical tenants Yelp and Amazon), residential renters, and parking customers. Go-to-market is direct-to-tenant leasing with no intermediaries, conducted by the Co-Managing Partner. There is no proprietary software product, no app or API offering, and the underlying "technology" consists of physical buildings — including technology suites designed by architect John Folan — rather than a software/AI stack. The firm is a member of the Oakland Innovation District and the Oakland Business Improvement District (roughly 200 property owners, businesses, and organizations).

Name

Oakland Real Estate Company

Legal name

Oakland Real Estate Company

Website

https://orecpgh.net

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

1–10 employees

Short description

Oakland Real Estate Company is a privately held, family-owned Pittsburgh real estate firm founded in 1924 that manages a diversified portfolio of retail, restaurant, technology, residential, and parking properties in the Oakland neighborhood for its partners and itself.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Management

NAICS

Real Estate Property Managers (53131), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Commercial real estate
• Property management
• Retail leasing
• Technology office space
• Residential rentals

Headquarters

HQ city

Pittsburgh

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Real Estate Leasing: Rental income from retail/restaurant, technology, and residential properties. Portfolio managed for partners includes parking lot properties. Revenue generated through long-term leases and space rentals to various tenants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Oakland Real Estate Company manages for its partners a portfolio of retail/restaurant, technology, residential, and parking lot properties in the Oakland community of Pittsburgh, Pennsylvania. It leases commercial space directly to retail, restaurant, and technology tenants and offers residential units and parking facilities. Available lease spaces include tech/office units (e.g., 3712 Forbes Avenue 2nd & 3rd Floor, 1,278 sq. ft.) and retail/restaurant storefronts.

Product overview

Oakland Real Estate Company operates as a commercial real estate management firm founded in 1924, managing a diversified portfolio of retail/restaurant, technology, residential, and parking lot properties in Pittsburgh's Oakland community. The company offers property management services for retail tenants (El Jefe Taqueria, Stack'd Burgers, FedEx Office), technology office spaces (Fujitsu, Mayhem, Avenu Workspaces, LifeX), residential properties (Gross Street, Parkview Avenue), and parking facilities (McKee Parking, Sennot Parking). The technology portfolio includes co-working spaces and dedicated offices at multiple Forbes Avenue locations, while the retail portfolio encompasses various restaurant and service business tenants across the Oakland district.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• $300 million+ annual spending in commercial district
• +2 more outcomes

Named customers28 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Oakland Innovation DistrictcoreStrategic or Co-development PartnerOakland Innovation District membership. Universities, medical center and technology companies in Oakland help drive Pittsburgh's emergence as a world class innovation economy. Oakland Real Estate Company is part of this innovation ecosystem in the Oakland neighborhood.
• Oakland Business Improvement DistrictcoreStrategic or Co-development PartnerOakland Real Estate Company participates in the Business Improvement District which is comprised of roughly 200 property owners, businesses and organizations located within the Oakland neighborhood, including UPMC, the University of Pittsburgh and Carlow University.
• Schwartz PropertiescoreStrategic or Co-development PartnerCo-Managing Partner Henry Schwartz represents both Schwartz Properties and Oakland Real Estate Company. Long-standing family partnership since 1924.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Continental Real Estate: Pittsburgh-based commercial real estate firm providing brokerage, leasing, and management services across the metro area. Directly comparable regional peer serving similar commercial tenants.
• Mosites Development: Pittsburgh-based real estate development and management company with a long-standing regional presence across commercial, residential, and mixed-use properties. Comparable in longevity, family/independently operated ownership, and Pittsburgh-centric footprint.
• Burns & Scalo Real Estate: Pittsburgh-based commercial real estate firm specializing in development, leasing, and property management across office, retail, and mixed-use assets. Directly comparable regional peer with similar tenant services and asset classes.
• The Rubinoff Company: Pittsburgh-based real estate management and brokerage firm handling commercial, residential, and mixed-use properties. Comparable in scale and service offerings to Oakland Real Estate Company as a local property manager.
• Walnut Capital: Pittsburgh-based real estate development and management firm with a focus on mixed-use, technology, and innovation-district properties, including significant Oakland and Eastside holdings. Very comparable in scale, mixed-use portfolio mix, and Pittsburgh-centric footprint.

Broad incumbents

• Bozzuto Group: Mid-Atlantic and national real estate development and management firm with significant residential and mixed-use portfolios. Comparable in mixed-use property management focus though at much larger scale.
• Howard Hanna Real Estate Services: Largest privately held real estate firm in the U.S., headquartered in Pittsburgh, with a broad portfolio across residential and commercial brokerage, management, and development. Much larger scale but operates in the same Pittsburgh market and asset classes.
• Cushman & Wakefield: Global commercial real estate services firm offering leasing, property management, and advisory across all major asset classes. A large incumbent that competes for the same enterprise tenants in the Oakland submarket.
• CBRE: World's largest commercial real estate services and investment firm. Competes for high-end office leasing and management mandates in Pittsburgh and globally, including in the Oakland market.

Regional players

• Regional Industrial Development Corporation (RIDC): Pittsburgh-region nonprofit real estate development organization focused on growing the regional economy through property development and management. Comparable in Pittsburgh regional focus and mixed-use / commercial property management, though structured as a nonprofit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/oakland-real-estate-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Oakland Real Estate Company