8.6.1.2Vertical
Land & Development Brokerage
Brokers specializing in land and development site transactions.
Market snapshot
These figures describe Commercial Real Estate Brokerage (8.6.1), the segment that Land & Development Brokerage sits within — not Land & Development Brokerage on its own.
FragmentationConsolidatingEstimate
Commercial brokerage shares the offices-of-agents-and-brokers code (NAICS 531210) with residential and is not separately disclosed, so the segment is not separately sized here; CBRE and JLL are the leading firms.
Business model & economics
Revenue model
Leasing and sale commissions plus advisory
Key economics
- Recurring revenue
- Low
- EBITDA margin
- Cyclical with transaction activity
- Capex intensity
- Low
transaction-driven; some recurring advisory
Characteristics
- Consolidated around CBRE, JLL, Cushman, Newmark.
- Highly cyclical (investment sales fell sharply).
- Bundled with management, advisory, and capital markets.
M&A deal context
Deal activityModerate
Who’s acquiring
- Global CRE-services majors
- Regional & boutique brokerages
- PE-backed platforms
What’s driving deals
- Consolidation around global services firms.
- Transaction-cycle and capital-markets activity.
- Bundled-services integration.
Find Land & Development Brokerage acquisition targets
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