Sperry Commercial
Sperry Commercial is a privately-held, full-service commercial real estate firm headquartered in Irvine, California, providing property management, leasing, investment sales, and 1031 exchange services to property owners, tenants, and institutional investors nationwide across more than 10 million square feet and roughly $1.5 billion in assets under management.
- Company typePrivate
- Founded1998
- HeadquartersIrvine, CA, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Sperry Commercial does
Sperry Commercial is a privately-held, full-service commercial real estate firm founded in 1998 and headquartered in Irvine, California. The company delivers property and asset management, leasing (landlord and tenant representation, net lease, office and retail), investment sales, 1031 exchange facilitation, construction supervision, and disposition/refinance services to commercial property owners, tenants, and institutional investors nationwide. Its subsidiary Sperry Equities, LLC invests in and repositions underperforming real estate alongside third-party capital partners, with the firm and its affiliates having acquired more than 65 commercial, industrial, and office properties exceeding $1 billion in cumulative value across more than 10 million square feet under management and roughly $1.5 billion in assets under management.
Sperry's revenue is generated primarily through recurring property and asset management fees, transaction-based brokerage and leasing commissions, and investment activity through Sperry Equities. Pricing is quote-based and tailored per engagement rather than publicly disclosed. The firm is a member of the Sperry Commercial Global Affiliates Network, a franchise-style affiliation system that extends the firm's reach beyond Southern California to national and international markets. Proprietary or differentiated operating tools include a Master Policy Premiums insurance program delivering documented 40-85% premium savings, a 24/7 real-time web-based accounting platform for owners, and Argus-based cash flow modeling for asset valuation and disposition work. The firm holds the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM).
Sperry Commercial is led by CEO Rand Sperry (45+ years in CRE, co-founder of Sperry Van Ness in 1987), Principal/Founder Burton Young, President Jack W. Carroll (formerly CBRE Senior Portfolio Manager and co-founder of Highland Pacific Group), and CFO Cornelius Mendez (25+ years). The firm operates as a 51-100 employee private company with no disclosed institutional backing, no parent company, and no public funding rounds.
Sperry Commercial firmographics
Firmographics- Name
- Sperry Commercial
- Legal name
- Sperry Commercial
- Website
- https://sperrycre.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sperry Commercial is a privately-held, full-service commercial real estate firm headquartered in Irvine, California, providing property management, leasing, investment sales, and 1031 exchange services to property owners, tenants, and institutional investors nationwide across more than 10 million square feet and roughly $1.5 billion in assets under management.
- Ownership category
- akta.pro rank
Sperry Commercial industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Portfolio Management and Investment Advice (52394)
- 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)
- akta.pro secondary industries
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC), Multifamily Brokerage (BPAJABAD)
Keywords
Where Sperry Commercial is headquartered
LocationHeadquarters
- HQ city
- Irvine, CA
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sperry Commercial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Property and Asset Management Fees: Ongoing management fees for commercial properties including property inspection, accounting, reporting, tenant retention, expense management, and construction supervision.
- Brokerage Commissions - Investment Sales: Transaction-based commissions from investment sales and acquisitions/dispositions of commercial properties.
- Leasing Commissions: Commissions from tenant representation, landlord representation, net lease transactions, and office/retail leasing.
- 1031 Exchange Services: Facilitation of 1031 tax-deferred exchanges for investors seeking to defer capital gains taxes.
- Sperry Equities - Real Estate Investment: Investment and repositioning of underperforming real estate, acquiring fee simple interests, partial interests, or debt positions.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Sperry Commercial product offering
Product offeringCore offering
Sperry Commercial is a full-service commercial real estate firm providing property and asset management, landlord and tenant representation leasing, investment sales and acquisitions/dispositions, 1031 exchange facilitation, construction supervision, and disposition/refinance services for commercial property owners and investors across the U.S. The firm also operates Sperry Equities (a real estate investment arm specializing in repositioning underperforming assets) and Sperry Self Storage (a self-storage investment and management division), while managing over 10 million square feet of office, industrial, retail, and multi-family properties.
Product overview
Sperry Commercial is a full-service commercial real estate firm offering a comprehensive suite of services including Property/Asset Management, Leasing Services, Investment Sales, and Sperry Equities. The company manages over 10 million square feet of properties across office, flex, industrial, retail, and multi-family sectors. Additional service modules include Construction Supervision, Brokerage Services (1031 Exchanges, auctions), Disposition/Refinance Services, and Lender Services. Sperry Self Storage operates as a specialized sub-brand for self storage investments. The firm is led by principals Burton Young and Rand Sperry with co-partners Jack Carroll and Cornelius Mendez.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Up to 40% savings on insurance premiums through Master Policy Premiums program
- +3 more outcomes
Companies that use Sperry Commercial
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Sperry Commercial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Sperry Commercial partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sperry Commercial Global AffiliatescoreSperry Commercial is a member of the Sperry Commercial Global Affiliates Network, which extends their capabilities beyond Southern California to include national and international markets. The network provides 'Local Reach on a Global Scale' enabling Sperry to serve clients across multiple regions through affiliated offices.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Sperry Commercial competitors and assessment
Company assessmentDirect peers
- NAI Global: Global commercial real estate brokerage and management network with affiliate-owned offices providing brokerage, property management, and investment services. Highly comparable to Sperry Commercial Global Affiliates' affiliation model and full-service CRE offerings.
- Hanley Investment Group: Private commercial real estate investment sales firm specializing in retail and net lease properties nationwide. Directly comparable as a privately-held, multi-office CRE investment sales boutique with similar transaction-driven revenue model.
- Northmarq: Private commercial real estate capital markets firm providing investment sales, debt placement, and equity placement services. Comparable to Sperry's investment sales, lender services, and 1031 exchange offerings, with similar mid-market institutional client focus.
- Marcus & Millichap: Publicly traded investment sales brokerage specializing in commercial real estate transactions across property types. Directly comparable to Sperry's investment sales, leasing, and asset management platform, with similar multi-product service model and institutional investor client base.
Broad incumbents
- CBRE Group: World's largest commercial real estate services firm offering investment sales, leasing, property management, and capital markets. Overlaps Sperry's entire service portfolio but at vastly greater scale; Jack Carroll previously held senior asset management roles here.
- Cushman & Wakefield: Global commercial real estate services firm providing investment sales, leasing, valuation, and asset management. Comparable service breadth to Sperry with substantially greater capital markets reach and institutional relationships.
- Colliers International: Global commercial real estate services firm providing investment sales, property management, and advisory across office, retail, industrial, and multifamily sectors. Direct overlap with Sperry's service portfolio at institutional scale.
- JLL (Jones Lang LaSalle): Global commercial real estate services firm with full-service capabilities across investment sales, leasing, property management, and capital markets. Competes for the same enterprise and institutional client mandates Sperry targets.
- Newmark Group: Full-service commercial real estate advisory firm with capital markets, leasing, and property management offerings. Competes directly for investment sales and management mandates in Sperry's target markets.
Regional players
- Walker & Dunlop: Commercial real estate finance firm specializing in multifamily lending, investment sales, and capital markets. Adjacent peer to Sperry's lender services and multifamily brokerage offerings, with similar mid-market commercial property focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Sperry Commercial social profiles
Digital presenceSperry Commercial compliance and trust
Trust signalCompliance2 records
Sperry Commercial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sperry Commercial leadership team
Management profileNumber of profiles
Profiles4 records
Sperry Commercial subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sperry Commercial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sperry Commercial 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 Sperry Commercial
What does Sperry Commercial do?
Sperry Commercial is a full-service commercial real estate firm providing property and asset management, landlord and tenant representation leasing, investment sales and acquisitions/dispositions, 1031 exchange facilitation, construction supervision, and disposition/refinance services for commercial property owners and investors across the U.S. The firm also operates Sperry Equities (a real estate investment arm specializing in repositioning underperforming assets) and Sperry Self Storage (a self-storage investment and management division), while managing over 10 million square feet of office, industrial, retail, and multi-family properties.
Is Sperry Commercial a public or private company?
Sperry Commercial is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sperry Commercial founded?
Sperry Commercial was founded in 1998. It employs 51 to 100 people.
Where is Sperry Commercial based?
Sperry Commercial is headquartered in Irvine, CA, United States, in the North America region.
How does Sperry Commercial make money?
Five revenue lines are on record. Property and Asset Management Fees are the primary driver. The others are brokerage Commissions - Investment Sales, leasing Commissions, 1031 Exchange Services and sperry Equities - Real Estate Investment.
Who are Sperry Commercial's main competitors?
Direct peers on record are NAI Global, Hanley Investment Group, Northmarq and Marcus & Millichap. Broad incumbents are CBRE Group, Cushman & Wakefield, Colliers International, JLL (Jones Lang LaSalle) and Newmark Group. Walker & Dunlop is listed as a regional player.
Does Sperry Commercial have an API?
No public API is recorded for Sperry Commercial.
What industry is Sperry Commercial in?
Sperry Commercial's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management, with a secondary code of FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its NAICS code is 5312 and its SIC code is 6531.