Business Details
50+ Years
experience
Trusted Commercial Real Estate Solutions in Akron, OH
LRC Realty has been a trusted leader in commercial real estate development, leasing, and acquisitions for over 50 years. Founded in 1972 by Lawrence B. Levey, our company began with small Northeast Ohio projects and has grown into a full-service firm managing assets across four states. With a team of 30 dedicated professionals, we specialize in creating value-driven retail spaces and mixed-use developments for nationally recognized tenants. Our expertise spans the entire project lifecycle, from initial concept to construction and long-term management. We maintain a client-centric approach, prioritizing transparency and partnership in every transaction.Backed by decades of industry experience, we deliver premium real estate solutions tailored to evolving market demands. Our track record of developing over 5 million square feet of retail properties demonstrates our commitment to quality and innovation. We continuously adapt to industry trends while maintaining the foundational principles established at our founding. Our deep understanding of commercial real estate markets ensures optimal outcomes for clients and stakeholders. This enduring dedication to excellence has solidified our reputation as a premier real estate development firm.
Services
Real Estate Development
Commercial Leasing
Property Acquisitions
Retail Space Development
Mixed-Use Properties
Details
- Year established: 1972
Highlights and features
- We offer 50+ years of commercial real estate expertise since 1972
- Our team manages full project lifecycles from concept to completion
- We serve nationally recognized retail tenants in 4 states
- We maintain a client-centric approach with transparent partnerships
- Our portfolio includes 5+ million square feet of developed retail space
Services
Real Estate Development
We create value-driven commercial real estate projects from initial concept through construction completion. Our expertise covers site selection, zoning approvals, and construction management for retail centers and mixed-use properties. With over 50 years of experience, we deliver market-specific solutions that maximize returns while maintaining strict quality standards across all developments.
Commercial Leasing
Our leasing services connect premier retail tenants with prime commercial spaces in established shopping centers. We manage lease negotiations, space planning, and tenant coordination for national retailers seeking locations across four states. With deep market knowledge, we ensure optimal tenant mix and long-term occupancy success through strategic lease structuring and relationship management.
Property Acquisitions
We identify and acquire strategic commercial properties that align with client investment goals and market demands. Our acquisition process includes thorough due diligence, financial analysis, and negotiation expertise to secure optimal deals. With decades of experience, we evaluate potential developments and existing assets to build value-driven real estate portfolios across multiple geographic regions.
Retail Space Development
We specialize in creating modern retail environments that attract top national tenants and serve community needs. Our process includes market analysis, site planning, and construction oversight for new retail centers and redeveloped properties. With a track record of over 5 million square feet developed, we deliver functional, profitable retail spaces that adapt to evolving consumer demands.
Mixed-Use Properties
We design and develop integrated properties combining residential, retail, and commercial spaces to create vibrant community hubs. Our approach balances diverse usage requirements with financial viability through careful planning and execution. With experience in student housing and urban redevelopment projects, we create sustainable mixed-use environments that enhance local economies and meet market demands.
People
Lawrence B. Levey
CEO
Founder Lawrence B. Levey established LRC Realty in 1972 after gaining experience as a commercial real estate apprentice. With business acumen developed through 50+ years in the industry, he transformed the company from small local projects to a multi-state operation managing 5+ million square feet of retail properties.
Questions
What types of properties does LRC Realty develop?
We specialize in commercial real estate including retail centers, mixed-use developments, student housing, and redeveloped mall properties across four states.
How long has LRC Realty been in business?
Our company has operated continuously since 1972, providing commercial real estate services for over five decades.
What geographic areas do you serve?
We develop and manage properties in Ohio, North Carolina, Pennsylvania, and Florida with regional expertise in each market.
Can I lease space in your shopping centers?
We offer commercial leasing opportunities in our retail centers featuring major national retailers across multiple states.
