Commercial property management companies in Virginia play a vital role in overseeing and managing a wide range of properties, including office buildings, malls, and industrial sites. This industry includes firms that provide services such as leasing, tenant relations, maintenance, and investment consulting. The demand for these services is on the rise, propelled by growing commercial real estate development and an emphasis on maximizing property value and tenant satisfaction. Insights suggest that as businesses increasingly prioritize flexibility, management firms are discovering innovative ways to enhance operational efficiencies and foster community presence in the properties they manage.


The companies listed here reflect a mix of sizes, with employee counts ranging from a small team of ten to expansive organizations with thousands of staff. Located across Virginia, prominent hubs include Virginia Beach and McLean. These firms were founded between the early 1960s and the 2000s, highlighting their longevity and adaptability in the market. Their specialties touch various aspects of real estate, from commercial leasing and tenant representation to property development and asset management, catering to a wide array of business needs.


Continue reading to discover top commercial property management companies in Virginia.


Top 20 Commercial Property Management Companies in Virginia


1. Cushman & Wakefield | Thalhimer

  • Website: thalhimer.com
  • Ownership type: Private
  • Headquarters: Glen Allen, Virginia, United States (USA)
  • Employee distribution: United States (USA) 99%, Other 1%
  • Founded year: 1913
  • Headcount: 201-500
  • LinkedIn: cushman-%26-wakefield-thalhimer

Cushman & Wakefield | Thalhimer is a commercial real estate firm based in Glen Allen, Virginia, with a history dating back to 1913. The company specializes in a wide array of services, including property management, investment sales, and tenant representation. With nearly 100 broker professionals and over 425 associates, they provide strategic solutions tailored to the needs of businesses and organizations across various sectors. Their service lines cover industrial, office, and retail properties, showcasing their expertise in managing different asset types. In 2023, the firm reported a transactional volume of over $1.7 billion, reflecting their active engagement in the market. Their partnership with Cushman & Wakefield allows them to leverage local insights alongside global resources, enhancing their ability to deliver effective real estate solutions. The firm is committed to maximizing client investments and navigating the complexities of real estate transactions.


2. Kotarides Companies

  • Website: kotarides.com
  • Ownership type: Family Owned
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1963
  • Headcount: 201-500
  • LinkedIn: kotarides-companies

Kotarides Companies, based in Virginia Beach, Virginia, is a family-owned property management and real estate development firm founded in 1963. The company specializes in leasing apartments, constructing homes, and managing commercial properties across Virginia and North Carolina. With a workforce of approximately 112 employees, Kotarides has developed and managed over 6,000 homes and apartments, alongside 1 million square feet of retail space. Their approach emphasizes quality living environments and exceptional customer service, which has helped them retain ownership of their established communities. The company has built a solid reputation over its 60 years in the industry, focusing on both residential and commercial property management, and has received various awards for their developments, showcasing their commitment to excellence in the real estate sector.


3. Rappaport

  • Website: rappaportco.com
  • Ownership type: Private
  • Headquarters: Mclean, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1984
  • Headcount: 51-200
  • LinkedIn: the-rappaport-companies

Rappaport, founded in 1984 and based in McLean, Virginia, is a commercial real estate management firm that specializes in retail properties. The company manages and leases over 200 properties across the Washington D.C., Maryland, and Virginia areas. Rappaport offers a range of services including landlord and tenant representation, property management, development and construction, marketing, and investment sales. Their client base includes retail property owners and tenants, showcasing their expertise in navigating the complexities of retail real estate. Rappaport has a strong commitment to community development, aiming to create spaces that energize neighborhoods. The firm has received recognition for its property management excellence, including the Accredited Management Organization (AMO®) designation from IREM®. With a dedicated team of professionals, Rappaport continues to influence the retail property market in the D.C. Metro area.


4. Southern Management Companies

  • Website: southernmanagement.com
  • Ownership type: Private
  • Headquarters: Mclean, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1965
  • Headcount: 1001-5000
  • LinkedIn: southern-management

Southern Management Companies, based in McLean, Virginia, is a prominent property management firm that has been operational since 1965. The company manages a substantial portfolio, including 77 apartment communities and over 25,000 apartment homes across Maryland and Virginia. In addition to residential properties, Southern Management also oversees commercial office buildings, hotels, and conference centers, showcasing their capability in various property management sectors. Their commitment to quality living experiences and customer satisfaction is evident in their operations. The company emphasizes community involvement and has received recognition for its contributions, including awards from local institutions. With a workforce of approximately 825 employees, Southern Management is dedicated to providing exceptional service and maintaining well-managed properties.


5. Pembroke Realty Group


Pembroke Realty Group, based in Virginia Beach, Virginia, is a family-owned real estate firm with a rich history dating back to 1962. The company specializes in leasing, property management, and commercial sales, serving both property owners and tenants. With a workforce of 37 employees, Pembroke Realty Group manages over 2.6 million square feet of commercial properties, showcasing their substantial footprint in the Hampton Roads area and beyond. Their service offerings include office and retail leasing, commercial property management, apartment management, development, and construction management. The firm has developed over 2 million square feet of commercial property and built more than 13,000 residential units, reflecting their extensive involvement in the real estate industry. Pembroke Realty Group is committed to maintaining high occupancy rates and providing exceptional service to their clients, which is evident in their long-standing relationships and community involvement.


6. Metro Management Services LLC

  • Website: metromgt.com
  • Ownership type: Private
  • Headquarters: Vienna, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2006
  • Headcount: 51-200
  • LinkedIn: metro-management-services-llc

Metro Management Services LLC, based in Vienna, Virginia, is a property management firm that specializes in managing and leasing both commercial and residential properties in the Washington D.C. area. Founded in 2006 by industry veteran Phil Hathcock, the company prides itself on its proactive approach to tenant relations and ownership communication. With a team that has over 20 years of experience in property management, Metro Management Services offers a range of services including tenant relations, financial reporting, construction management, and retail leasing. Their portfolio includes a variety of properties such as mixed-use retail centers, office buildings, and industrial warehouses, reflecting their capability to handle different property types. The company operates under the NV Group of Companies, which further enhances its market presence and operational capacity.


7. Trimark Corporation

  • Website: trimarkcorporation.com
  • Ownership type: Private
  • Headquarters: Falls Church, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2001
  • Headcount: 11-50
  • LinkedIn: trimark-corporation

Trimark Corporation, founded in 2001 and based in Falls Church, Virginia, is a commercial real estate services firm that operates primarily in the greater Washington, D.C. metropolitan area. The company offers a range of services, including property management, leasing, sales, and mechanical services. Trimark caters to a variety of clients, including businesses and property owners, and manages millions of square feet of commercial space across different property types, such as office buildings, retail centers, and multi-family properties. Their commitment to providing comprehensive and cost-effective solutions reflects their understanding of the needs of the professional community involved in real estate transactions. With a dedicated team of 27 employees, Trimark Corporation continues to play an active role in the commercial property management industry.


8. Atlantic Realty Companies, Inc.

  • Website: arcrealty.com
  • Ownership type: Private
  • Headquarters: Mclean, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1992
  • Headcount: 51-200
  • LinkedIn: atlantic-realty-companies-inc

Atlantic Realty Companies, Inc. is a private real estate firm based in McLean, Virginia, specializing in commercial property management, leasing, development, and construction management. Established in 1992, the company has built a portfolio of over four million square feet of office, retail, and mixed-use properties. They focus on enhancing property value and community vibrancy, primarily serving the Washington, D.C. metropolitan area. Atlantic Realty prides itself on its performance-driven team, which is committed to meeting the needs of tenants, lenders, and the community. Their services span the entire lifecycle of property management, from acquisition and development to leasing and ongoing management. The company has received numerous awards for its contributions to the industry and community, reflecting its commitment to excellence and integrity in real estate.


9. Cambridge Holdings LLC

  • Website: cambridgeus.com
  • Ownership type: Private
  • Headquarters: Vienna, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1997
  • Headcount: 51-200
  • LinkedIn: cambridge-holdings

Cambridge Holdings LLC, based in Vienna, Virginia, is a private real estate firm that specializes in commercial real estate services. Founded in 1997, the company has developed a robust portfolio that includes construction, development, leasing, and property management. They have successfully managed over 4 million square feet of office, research and development, and industrial space, showcasing their capability in the property management sector. The firm operates primarily in Virginia, Maryland, and Washington, DC, providing tailored solutions to meet the unique needs of businesses and organizations in these regions. Cambridge Holdings has a history of significant project involvement, having developed over 8 million square feet of commercial real estate and structured the acquisition and disposition of more than 22 million square feet. Their operational philosophy emphasizes understanding client goals and maximizing investment value, which is reflected in their approach to property management and client relationships.


10. The Katsias Company

  • Website: katsias.com
  • Ownership type: Private
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1980
  • Headcount: 11-50
  • LinkedIn: the-katsias-company

The Katsias Company is a commercial real estate brokerage firm based in Virginia Beach, Virginia. Established in 1980 by Mike and Kathy Katsias, the company has built a reputation for integrity and a strong work ethic. It specializes in tenant representation, property management, and investment services, catering to businesses and organizations in need of office, retail, and industrial spaces. The firm operates primarily in the Hampton Roads area, where it has developed a portfolio that includes hundreds of thousands of square feet of retail space. Under the leadership of John Katsias, who joined the company in 1989, The Katsias Company has expanded its services and client base, representing a variety of national, regional, and local tenants. Their property management services are characterized by a hands-on approach, ensuring that requests are addressed quickly and effectively. The company also engages in real estate development, providing clients with comprehensive support throughout the property lifecycle.


11. Plus Management LLC

  • Website: plusmgt.com
  • Ownership type: Private
  • Headquarters: Richmond, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2006
  • Headcount: 1-10
  • LinkedIn: plus-management-llc

Plus Management LLC, based in Richmond, Virginia, is a commercial real estate management firm that specializes in managing a variety of properties, including retail, office, medical, and restaurant spaces. Established in 2006, the company has built a reputation for providing professional management services that cater to the unique needs of businesses in the Greater Richmond area. With a small team of dedicated professionals, Plus Management focuses on delivering personalized service to clients, ensuring that they can find and maintain the right commercial spaces for their operations. The company prides itself on its ability to support businesses throughout their tenancy, allowing clients to concentrate on their core activities while Plus Management handles property management tasks.


12. Management Services Corporation

  • Website: msc-rents.com
  • Ownership type: Private
  • Headquarters: Charlottesville, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1972
  • Headcount: 201-500
  • LinkedIn: management-services-corporation

Management Services Corporation (MSC) is a property management and real estate development firm based in Charlottesville, Virginia. Established in 1972, MSC has built a reputation for managing a variety of properties, including multi-family homes, single-family residences, and commercial buildings. The company serves property owners, investors, and businesses, providing essential services such as property management, leasing, and land development. MSC has a strong emphasis on customer service and aims to deliver excellent financial returns for its partners and investors. With a workforce of around 73 employees, MSC operates entirely within the United States, focusing primarily on the central Virginia and North Carolina markets. Their portfolio includes notable projects like student housing near the University of Virginia and various commercial developments, showcasing their capability in both residential and commercial sectors.


13. Stout & Teague

  • Website: stoutandteague.com
  • Ownership type: Private
  • Headquarters: Springfield, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1983
  • Headcount: 11-50
  • LinkedIn: stout-%26-teague

Stout & Teague is a real estate services firm based in Springfield, Virginia, specializing in commercial property management, leasing, development, and advisory services. Founded in 1983, the company has dedicated itself to serving a select group of sophisticated investors and property owners primarily in the Washington, D.C. area. With a team of experienced professionals, Stout & Teague offers a range of services designed to meet the unique needs of its clients, including property management, landlord and tenant representation, and property sales and acquisitions. Their approach is characterized by a commitment to understanding market conditions and providing strategic solutions that enhance property value. The firm has managed numerous commercial properties and has a track record of successful project execution, driven largely by repeat business and referrals from satisfied clients.


14. Divaris Real Estate

  • Website: divaris.com
  • Ownership type: Private
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1974
  • Headcount: 51-200
  • LinkedIn: divaris-real-estate

Divaris Real Estate, based in Virginia Beach, Virginia, is a commercial real estate firm that has been active since 1974. The company specializes in a wide array of services, including landlord and tenant representation, investment sales, property management, and consulting. With a dedicated team of professionals, Divaris focuses on maximizing the value of real estate assets for their clients, particularly during economic challenges. Their property management services are tailored to meet the unique needs of each client, ensuring that properties are well-maintained and financially optimized. The firm is also recognized for its expertise in troubled asset recovery, which further demonstrates its capability in managing complex real estate situations. Divaris Real Estate is committed to building long-term relationships with clients, emphasizing trust and accountability in all their dealings.


15. Venture Realty Group

  • Website: venturerealtygroup.com
  • Ownership type: Private
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 86%, Bangladesh 14%
  • Founded year: 2016
  • Headcount: 11-50
  • LinkedIn: venture-realty-group-vb

Venture Realty Group, based in Virginia Beach, Virginia, is a private real estate development and management firm that was established in 2016. The company emerged from a partnership between Commercial Real Estate Services and Ellis-Gibson Development Group, both of which had a long-standing history in the region. With a focus on retail and multi-family housing projects, Venture Realty Group offers a comprehensive suite of services, including development, leasing, property management, and consulting. The firm has successfully managed over 6 million square feet of projects valued at more than $600 million in the Hampton Roads market. Their team, comprised of seasoned professionals, brings decades of experience in various sectors of real estate, including retail, office, and industrial properties. This expertise allows them to effectively navigate the complexities of property management and development, making them a significant player in the Southeastern Virginia market.


16. Chambers Theory Property Management

  • Website: chamberstheory.com
  • Ownership type: Private
  • Headquarters: Herndon, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2018
  • Headcount: 11-50
  • LinkedIn: chambers-theory-llc

Chambers Theory Property Management, established in 2018 and based in Herndon, Virginia, specializes in managing both residential and commercial properties. With a team of 36 employees, the company serves landlords, real estate investors, and tenants across Northern Virginia, Washington DC, and Maryland. Their service portfolio includes rent collection, leasing, maintenance, and investment consulting, tailored to the unique needs of their clients. Chambers Theory emphasizes a personalized approach, ensuring that property management aligns with the financial goals of property owners. The firm is also active in community support, engaging in charitable initiatives, which reflects their commitment to social responsibility within the industry.


17. Palms Associates, LLC

  • Website: palms.net
  • Ownership type: Private
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1959
  • Headcount: 201-500
  • LinkedIn: palms-associates

Palms Associates, LLC is a privately-owned real estate development and property management firm based in Virginia Beach, Virginia. Established in 1959, the company has transitioned from its origins in single-family home development to a robust focus on multifamily rental communities and commercial properties throughout the Southeastern United States. With a workforce of approximately 107 employees, Palms Associates has successfully developed and constructed over 15,000 rental apartments and single-family homes, alongside managing more than 1,000,000 square feet of commercial and retail space. The company operates regional management offices in key cities such as Raleigh, NC, Charleston, SC, and Charlotte, NC, which enhances its operational reach and efficiency. Palms Associates is dedicated to creating properties that meet modern lifestyle needs, ensuring excellent rental value and a positive living or working environment. Their approach combines innovation, service excellence, and a commitment to community engagement, as demonstrated by their employee-driven philanthropic initiatives.


18. Porter Realty Company Inc. | CORFAC International

  • Website: porterinc.com
  • Ownership type: Family Owned
  • Headquarters: Richmond, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1965
  • Headcount: 11-50
  • LinkedIn: porter-realty-company-inc.

Porter Realty Company Inc. | CORFAC International, established in 1965, is a family-owned real estate agency based in Richmond, Virginia. The company specializes in commercial and industrial real estate services, offering a comprehensive suite of services that includes sales, leasing, consulting, and property management. With a team that boasts over a century of collective experience, Porter Realty is well-versed in navigating the complexities of real estate transactions. They prioritize building long-term relationships with clients, leveraging their deep market knowledge to provide customized solutions. The firm is also a member of CORFAC International, which enhances their reach and capabilities in the commercial real estate market. Their commitment to integrity and superior service has earned them a solid reputation among businesses and organizations in need of real estate expertise.


19. Matchbox Realty & Management Services


Matchbox Realty & Management Services is a private real estate agency based in Harrisonburg, Virginia, founded in 2011. The company specializes in residential leasing and management, commercial sales, and property development. With a team of 16 employees, they focus on creating seamless experiences for both tenants seeking housing and property owners in need of management solutions. Matchbox Realty manages over 1,200 units, showcasing their operational capacity in the property management sector. Their services include marketing, leasing, portfolio management, and maintenance, all tailored to meet the specific needs of their clients. The firm also engages in commercial property management, providing a range of services that cater to the commercial real estate market. This dual focus on residential and commercial properties positions them as a relevant player in the property management industry.


20. The Breeden Company

  • Website: thebreedencompany.com
  • Ownership type: Corporate
  • Headquarters: Virginia Beach, Virginia, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: May 2000
  • Founded year: 1961
  • Headcount: 201-500
  • LinkedIn: the-breeden-company

The Breeden Company, established in 1961 and based in Virginia Beach, Virginia, is a prominent real estate developer specializing in both residential and commercial properties. With a workforce of approximately 153 employees, the company has built a robust portfolio that includes over 15,000 apartments and more than 2 million square feet of commercial space. Their operations are vertically integrated, featuring divisions for property management, construction, and realty services. This structure allows them to effectively respond to market changes and maintain high standards across their projects. The Breeden Company is recognized for its commitment to quality and community enhancement, actively participating in local initiatives and charitable contributions. Their property management division plays a crucial role in overseeing their extensive commercial holdings, ensuring that they meet the needs of tenants and maintain operational excellence.



Commercial Property Management Insights: Key Companies in Virginia


CompanyHeadquarterSizeFoundedOwnership
Cushman & Wakefield | ThalhimerGlen Allen, Virginia, United States (USA)201-5001913Private
Kotarides CompaniesVirginia Beach, Virginia, United States (USA)201-5001963Family Owned
RappaportMclean, Virginia, United States (USA)51-2001984Private
Southern Management CompaniesMclean, Virginia, United States (USA)1001-50001965Private
Pembroke Realty GroupVirginia Beach, Virginia, United States (USA)11-501962Family Owned
Metro Management Services LLCVienna, Virginia, United States (USA)51-2002006Private
Trimark CorporationFalls Church, Virginia, United States (USA)11-502001Private
Atlantic Realty Companies, Inc.Mclean, Virginia, United States (USA)51-2001992Private
Cambridge Holdings LLCVienna, Virginia, United States (USA)51-2001997Private
The Katsias CompanyVirginia Beach, Virginia, United States (USA)11-501980Private
Plus Management LLCRichmond, Virginia, United States (USA)1-102006Private
Management Services CorporationCharlottesville, Virginia, United States (USA)201-5001972Private
Stout & TeagueSpringfield, Virginia, United States (USA)11-501983Private
Divaris Real EstateVirginia Beach, Virginia, United States (USA)51-2001974Private
Venture Realty GroupVirginia Beach, Virginia, United States (USA)11-502016Private
Chambers Theory Property ManagementHerndon, Virginia, United States (USA)11-502018Private
Palms Associates, LLCVirginia Beach, Virginia, United States (USA)201-5001959Private
Porter Realty Company Inc. | CORFAC InternationalRichmond, Virginia, United States (USA)11-501965Family Owned
Matchbox Realty & Management ServicesHarrisonburg, Virginia, United States (USA)11-502011Private
The Breeden CompanyVirginia Beach, Virginia, United States (USA)201-5001961Corporate


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