AREA Real Estate Advisors, formerly known as RED Brokerage, is a boutique commercial real estate firm headquartered in Kansas City, Missouri. Established in 2002, the company specializes in office, retail, and industrial tenant representation, project leasing, property management, and consulting services. With a commitment to providing tailored solutions, AREA Real Estate Advisors leverages national expertise and relationships while maintaining a nimble, team-oriented approach to deliver the highest level of service to its clients.
Key Strategic Focus
AREA Real Estate Advisors concentrates on delivering comprehensive commercial real estate services, including:
- Tenant Representation: Assisting clients in identifying and securing optimal office, retail, and industrial spaces.
- Project Leasing: Managing leasing strategies to maximize property occupancy and value.
- Property Management: Overseeing the day-to-day operations and maintenance of commercial properties.
- Consulting Services: Providing strategic advice on market analysis, financial metrics, and site selection to support clients' real estate decisions.
The firm's primary market is the Kansas City area, with capabilities to facilitate corporate relocations regionally and nationally. Notable clients include Freightquote, Lockton Insurance, Dairy Farmers of America, and Teva Pharmaceuticals.
Financials and Funding
As a privately held company, specific financial details and funding history for AREA Real Estate Advisors are not publicly disclosed. However, the firm operates with an estimated annual revenue between $10 million and $50 million and employs approximately 41 professionals.
Leadership Team
The leadership team at AREA Real Estate Advisors comprises experienced professionals dedicated to delivering exceptional service:
- Nat Hayes: President, overseeing the firm's strategic direction and operations.
- Brent Peterson: Vice President and Director of Industrial Brokerage, specializing in industrial property transactions.
- Bill Shackelford: Vice President, contributing to the firm's growth and client relations.
- Rich Duvall: Vice President, focusing on client services and business development.
- Tiffany Ruzicka: Vice President, playing a key role in the firm's strategic initiatives.
Competitor Profile
In the competitive landscape of commercial real estate advisory services, AREA Real Estate Advisors faces competition from several firms:
- Newmark Group Inc.: A global real estate advisory firm offering a wide range of services, including capital markets, corporate services, and property management.
- Marcus & Millichap, Inc.: Specializes in real estate brokerage, mortgage brokerage, research, and advisory services across the U.S. and Canada.
- Cresa: An international commercial real estate firm known for its occupier-only representation services.
- Mohr Partners, Inc.: A global corporate real estate advisory firm based in Dallas, Texas, providing comprehensive real estate services.
Strategic Collaborations and Partnerships
While specific strategic collaborations and partnerships of AREA Real Estate Advisors are not publicly detailed, the firm's approach emphasizes building strong relationships with clients and industry stakeholders to enhance service delivery and market presence.
Operational Insights
AREA Real Estate Advisors differentiates itself through a client-centric approach, offering customized solutions tailored to each client's unique needs. The firm's senior leadership is actively involved in every account, ensuring personalized service and strategic insights. This hands-on approach, combined with national expertise and local market knowledge, positions AREA Real Estate Advisors as a trusted partner in the commercial real estate sector.
Strategic Opportunities and Future Directions
Looking ahead, AREA Real Estate Advisors aims to leverage its strong foundation and client relationships to expand its market presence and service offerings. By staying attuned to market trends and client needs, the firm is well-positioned to capitalize on growth opportunities in the commercial real estate sector.
Contact Information
- Website: openarea.com
- Social Media: Instagram
For further inquiries, please visit the company's official website.