Intersection CRE Company Profile

Background

Intersection CRE is a San Diego-based commercial real estate firm dedicated to providing comprehensive services that seamlessly integrate with clients' real estate platforms. The company operates with a mission to enrich the lives of those it serves and enhance the communities where it operates, guided by core values such as equality, ingenuity, determination, collaboration, wisdom, and stewardship.

Key Strategic Focus

Intersection CRE offers a suite of services designed to address various aspects of commercial real estate:

Investment Management: Employing an entrepreneurial approach backed by institutional execution to maximize investment potential.

Brokerage Management: Providing individualized service with local market expertise to identify regional opportunities.

Property Management: Delivering responsive, tailored, and courteous property management services.

Facility Services: Implementing predictive and preventative services to optimize property value.

Financials and Funding

The company has demonstrated steady growth, with estimated annual revenues ranging from $3.6 million to $5.4 million. Intersection CRE has raised approximately $217,000 in funding over one round.

Leadership Team

Rocco Cortese, CEO/Co-Founder: With over 35 years in the industry, Rocco formulates and guides the company's strategic plan. He has been an active California real estate broker since 1987 and holds a degree in Business Administration from San Diego State University.

Mark Hoekstra, President/Co-Founder: Mark leads the execution of the company's long-term strategy and daily operations. He has more than 35 years of experience in commercial real estate leadership and holds a Master's Degree in Entrepreneurial Leadership from the University of San Diego.

Karen Joy, Executive Director: Karen has led a comprehensive reorganization of the company, focusing on leadership capabilities, organizational communications, and operational efficiency.

Nic Cardoso, Director of Field Operations: With over 15 years of commercial expertise as an electrician, Nic oversees field operations, ensuring quality and compliance in every project.

Nadir Elfarra, Director of Construction Management: Nadir manages all construction and development activities, including ground-up and adaptive reuse projects, with experience spanning over 3 million square feet of new construction.

Competitor Profile

Market Insights and Dynamics

The commercial real estate industry is characterized by its dynamic nature, with firms offering a range of services from brokerage to property management. Intersection CRE operates in a competitive landscape where personalized service and local market expertise are key differentiators.

Competitor Analysis

Key competitors include:

Svn: A real estate firm with 17 employees and estimated revenues of $2.9 million.

Martin Commercial Properties: Employs 66 individuals with revenues around $22 million.

Maclennan Investment Group: A smaller firm with 4 employees and $1.2 million in revenue.

Ralley Commercial Real Estate: Comprises 11 employees and generates $1.8 million in revenue.

CSA Realty Group: With 20 employees and $6 million in revenue.

Strategic Collaborations and Partnerships

Intersection CRE emphasizes collaboration and partnership to strengthen its market position and innovation capacity. The company's leadership is actively involved in various commercial real estate associations and philanthropic initiatives, fostering relationships that enhance its service offerings.

Operational Insights

The company's strategic considerations focus on leveraging its core values and comprehensive service offerings to maintain a competitive edge. By integrating investment management, brokerage, property management, and facility services, Intersection CRE provides a holistic approach to commercial real estate, distinguishing itself from competitors.

Strategic Opportunities and Future Directions

Intersection CRE's strategic roadmap includes:

Expansion of Service Offerings: Continuously enhancing and diversifying services to meet evolving client needs.

Market Penetration: Strengthening presence in existing markets and exploring opportunities in new regions.

Technological Integration: Adopting innovative technologies to improve service delivery and operational efficiency.

By capitalizing on its strengths and adhering to its core values, Intersection CRE is well-positioned to achieve its future objectives and contribute positively to the communities it serves.