Wyn Group

What Wyn Group does

Wyn Group LLC is a privately held commercial real estate investment and brokerage firm founded in 2023 by Marshall Nguyen and Stas Manchik and headquartered in Burnsville, Minnesota, with a planned Minneapolis-area office. The firm operates four service lines: investment sales brokerage, tenant representation, landlord representation, and property management delivered through its wholly owned subsidiary Wyn Management LLC. Its core specialization is the adaptive reuse of underutilized retail assets — regional malls and big-box stores — into Asian lifestyle shopping centers under the Pacifica and Asia Mall brands, with active portfolio properties across Minnesota, Georgia, Maryland, Illinois, Louisiana, and Wisconsin.

Revenue is generated primarily through transaction-fee commissions on investment sales, tenant and landlord representation, and recurring managed-services fees from Wyn Management LLC. Pricing is per-transaction and not publicly disclosed; property listings show examples such as a $2.7M Shoreview office, a $1.6M Franklin Avenue commercial property, and a negotiable 895,697 SF mall asset. Distribution is relationship-driven direct sales led by Marshall Nguyen, Stas Manchik, Ozzy Dris, and Jay Mawas, supported by a digital presence on LinkedIn, Instagram, Facebook, and a content blog.

The firm has no proprietary technology platform and does not disclose AI/ML capabilities beyond a single 'AI Growth | Innovations Manager' role. Its strategic differentiation rests on deep ties to the Asian-American and minority business communities, founder Nguyen's industry recognition (2022 CRE Broker of the Year, 2023 Power 30, Twin Cities Business Top 100), and core partnerships with Windfall Group, Pacifica Square USA, and the co-founded Asian Center Real Estate Fund, which channels accredited investor capital into Asian-centric redevelopment projects nationally, including a 100,000-square-foot Las Vegas project announced in 2025.

Name

Wyn Group

Legal name

Wyn Group LLC

Website

https://wyngroup.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Wyn Group is a Minnesota-based commercial real estate investment and brokerage firm specializing in the adaptive reuse of underutilized retail properties into Asian lifestyle shopping centers, serving investors, landlords, and SMB tenants across multiple U.S. states.

Ownership category

akta.pro rank

Headquarters

HQ city

Burnsville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Sales Brokerage: Brokerage commissions from buying and selling commercial investment properties including shopping centers, regional malls, big box stores, and industrial assets.
2. Tenant Representation: Fees for representing tenants seeking commercial space for their businesses.
3. Landlord Representation: Fees for representing landlords in leasing their commercial properties.
4. Property Management: Management fees for commercial property management services through Wyn Management LLC.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Wyn Group provides commercial real estate investment sales brokerage, tenant representation, landlord representation, and property management services, with a particular focus on retail, office, and industrial assets. The firm specializes in adaptive reuse and redevelopment of underperforming retail properties—including regional malls and big-box stores—into Asian lifestyle shopping centers under the Pacifica brand. Property management is delivered through the wholly owned subsidiary Wyn Management LLC.

Product overview

Wyn Group is a commercial real estate investment and brokerage firm offering a unified platform of services centered on retail and industrial property investments. The company's core offerings include Investment Sales, Tenant Representatives, Landlord Representatives, and property management through Wyn Management LLC. The portfolio spans multiple Asian lifestyle shopping centers under the Pacifica brand (Pacifica of Burnsville, Pacifica of Doraville, Pacifica on Golf, Pacifica of Kenner), regional malls (Burnsville Center, Congressional Village), and retail properties across Minnesota, Georgia, Illinois, Maryland, Louisiana, and Wisconsin. Notable projects include Asia Mall in Eden Prairie and the ongoing redevelopment of Burnsville Center into mixed-use Asian lifestyle centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Sales Commercial real estate investment sales brokerage that combines transaction expertise with investment perspective to identify and execute value-add opportunities in retail and industrial sectors; serves commercial property investors, funds, and principals acquiring or disposing of assets.
• Tenant Representation Tenant representation services that help businesses find and lease suitable commercial spaces, with a community-focused and tailored approach; serves small to mid-sized retail, restaurant, and service businesses seeking commercial lease space.
• Landlord Representation Landlord representation services that leverage firsthand property ownership experience to deliver strategic asset positioning and balanced deal brokerage; serves commercial property owners seeking tenant placement, leasing, and asset optimization.
• Wyn Management - Commercial Property Management Commercial property management services delivered through Wyn Management LLC (wholly owned subsidiary of Wyn Group) that maximize occupancy, streamline operations, and transform underperforming assets into thriving investments; serves commercial property owners and investors.

Quantifiable outcome

• Asia Mall soft opening planned for November 2022, grand opening November 20, 2022
• +1 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 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 and minor.

• Windfall Group (Eddie and Judy Ni)coreStrategic or Co-development Partner · 2 June 2025Wyn Group partners with Eddie and Judy Ni of Windfall Group (Aurora, Illinois-based) for Asian lifestyle center development projects. The partnership has completed Pacifica of Burnsville and is involved in multiple redevelopment projects including Pan Asian Center at Maplewood Mall's former Macy's. Windfall Group specializes in Asian-focused retail redevelopment across the U.S.
• Caspian GroupminorStrategic or Co-development PartnerWyn Group founders previously worked at Caspian Group. Marshall Nguyen launched his career there in 2017 and continues to collaborate with Caspian Group on projects. The companies maintain a friendly partnership relationship.
• Afro Deli & Grill (Abdirahman Kahin)minorStrategic or Co-development PartnerAfro Deli & Grill owner Abdirahman Kahin joined the partnership acquiring Burnsville Center. Kahin was one of Nguyen's first clients when he became a broker and was invited to join the Pacifica of Burnsville project.
• Pacifica Square USAcoreStrategic or Co-development PartnerMarshall Nguyen serves as a strategic partner at Pacifica Square USA, which specializes in acquiring and developing properties in high-density and thriving Asian markets across the United States, transforming big-box retailers and regional malls into Asian Lifestyle Shopping Centers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cushman & Wakefield: Global commercial real estate services firm with deep retail and investment sales practices. Directly competes with Wyn Group for retail landlord and tenant representation and investment sales brokerage.
• Colliers: Global commercial real estate services firm providing investment sales, tenant and landlord representation, and property management. Wyn Group competes with Colliers for retail and industrial brokerage mandates in the Midwest.
• Marcus & Millichap: Large national commercial real estate investment sales brokerage. Competes with Wyn Group for retail investment sales and tenant representation mandates, but operates across all asset classes and geographies rather than a niche.
• Newmark Group: Major full-service commercial real estate services firm offering investment sales, leasing, and property management across retail and industrial. Overlaps with Wyn Group across multiple service lines but at vastly greater scale.
• JLL: Global commercial real estate services firm offering brokerage, property management, and capital markets. Wyn Group and JLL compete for retail investment sales and property management assignments across the U.S.

Direct peers

• Pacifica Square USA: Specialized developer of Asian lifestyle shopping centers across the U.S. Marshall Nguyen serves as a strategic partner there, and the firms share the same Pacifica brand, target tenant base, and adaptive reuse thesis.
• Caspian Group: Commercial real estate firm where Wyn Group's founders previously worked. Caspian Group operates in similar brokerage and investment sales, particularly in the Minneapolis market, and Marshall Nguyen launched Asia Mall and Pacifica of Burnsville projects while there.
• Windfall Group: Aurora, Illinois-based real estate firm specializing in Asian-focused retail redevelopment. Wyn Group is Windfall's core operating partner on Pacifica of Burnsville, Pacifica Vegas, and the Asian Center Real Estate Fund, with significant product and customer overlap.

Regional players

• Mid-America Real Estate: Regional retail-focused commercial real estate firm based in the Midwest. Highly comparable to Wyn Group's retail landlord and tenant representation practice, though serving a broader Midwest geography rather than Asian-focused projects.
• NorthMarq: Mid-sized regional commercial real estate investment sales and debt brokerage active in the Upper Midwest. Comparable to Wyn Group for retail investment sales mandates in secondary markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TheWynGroup
• LinkedInlinkedin.com/company/wyngroup
• Instagraminstagram.com/thewyngroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 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 Wyn Group