Company Profile: illi Commercial Real Estate

Background

Mission Statement

illi Commercial is a full-service commercial real estate firm based in Southern California, specializing in landlord and tenant representation, investment sales, property management, and consulting services. Founded in 2007, the company has cultivated a collaborative culture, attracting top talent and fostering a fulfilling team environment. This dedication enables illi Commercial to maximize value for clients and communities.

Vision

To be the leading commercial real estate firm in Southern California, recognized for innovative solutions, exceptional client service, and a commitment to community development.

Primary Area of Focus

illi Commercial focuses on commercial real estate services, including leasing, sales, property management, and consulting, with a particular emphasis on retail properties.

Industry Significance

As a prominent player in the Southern California commercial real estate market, illi Commercial has been recognized as the #1 Independent Retail Brokerage Firm in Los Angeles and the Top Retail Landlord Representation Firm in Los Angeles.

Key Strategic Focus

Core Objectives

Provide comprehensive commercial real estate services to meet diverse client needs.

Leverage technology to enhance market exposure and operational efficiency.

Foster a collaborative team environment to deliver superior client outcomes.

Specific Areas of Specialization

Retail property management and leasing.

Landlord and tenant representation.

Investment sales and acquisitions.

Property repositioning and redevelopment.

Key Technologies Utilized

Advanced business intelligence and analytics platforms.

Mobile-enabled systems for real-time access to property information.

Integrated communication tools to streamline operations.

Primary Markets Targeted

Southern California, with a focus on Los Angeles and surrounding areas.

Retail sectors, including shopping centers and standalone retail properties.

Financials and Funding

Specific financial details, including total funds raised and recent funding rounds, are not publicly disclosed. The company is privately held and has been operational since 2007.

Pipeline Development

As a commercial real estate firm, illi Commercial's "pipeline" pertains to its portfolio of properties under management, leasing, or in the process of acquisition. Detailed information about specific properties or developments is not publicly available.

Technological Platform and Innovation

Proprietary Technologies

Custom-developed business intelligence tools for market analysis.

Mobile applications providing clients and team members with real-time property data.

Significant Scientific Methods

Data-driven market analysis leveraging advanced analytics.

Client relationship management (CRM) systems to enhance service delivery.

Leadership Team

Greg Offsay, CCIM

Position: Commercial Real Estate Advisor

Professional Background: Experienced in commercial real estate with a focus on retail properties.

Key Contributions: Active in landlord and tenant representation, contributing to the firm's market leadership.

Stefan Siegel

Position: Commercial Real Estate Advisor

Professional Background: Specializes in investment sales and acquisitions within the commercial real estate sector.

Key Contributions: Instrumental in expanding the firm's investment portfolio and client base.

Ken Simons

Position: Commercial Real Estate Advisor and Broker

Professional Background: Over 20 years in commercial real estate, with expertise in property management and leasing.

Key Contributions: Leads property management initiatives, enhancing operational efficiency and client satisfaction.

Mark Jason

Position: Commercial Real Estate Advisor

Professional Background: Focuses on retail leasing and tenant representation.

Key Contributions: Develops strategic leasing plans, contributing to the firm's reputation in retail property management.

Leadership Changes

No recent significant changes or appointments within the company's leadership have been publicly reported.

Competitor Profile

Market Insights and Dynamics

The Southern California commercial real estate market is highly competitive, with numerous firms offering similar services.

Retail properties, especially shopping centers, face challenges due to changing consumer behaviors and the rise of e-commerce.

Competitor Analysis

Major Competitors: Cushman & Wakefield, CBRE, JLL, and local firms such as Lee & Associates.

Competitive Landscape: Larger firms have extensive resources and global reach, while local firms like illi Commercial offer personalized services and deep market knowledge.

Strategic Collaborations and Partnerships

Specific collaborations or partnerships are not publicly disclosed.

Operational Insights

illi Commercial differentiates itself through a combination of technology integration, a collaborative team culture, and a focus on retail properties, enabling it to provide tailored solutions that meet client needs effectively.