The deed says "Hollis Partners LLC". Finding the person who can actually sell takes hours of digging per property.
For commercial real estate
Commercial real estate prospecting that reaches the real owner.
Most commercial properties sit in LLCs, and most owners never see a cold email. Spur finds multifamily and small commercial owners, gets you to the person behind the entity where records allow, and mails a letter that talks about their building and its numbers, not a generic flyer.
Free forever plan · No card · 20 property searches a month
USPSFirst-Class
Hollis Partners LLCAttn: David OkaforOakland, CA 94611Scan for a confidential valuation
Hollis Partners LLC requested a valuation · 18 min ago
AI-written for this owner · Mailed in 2 days
Multifamilyand small commercial property filters
LLC ownersenriched to a reachable contact where available
Lettersthat cite the building, not a template
The problem
The best commercial deals never hit the listing platforms.
Property managers and assistants screen calls. A well-written letter gets to the owner's desk.
Owners of good assets get pitched constantly. Generic "we have buyers" mail is ignored.
How it works
From list to mailbox in one workflow.
The same five steps every time, set up for commercial real estate pros.
app.usespur.com
Plays for Commercial RE
Commercial plays you can run in Spur today
Owners with years of appreciation and a reason to consider a sale or 1031.
5+ unitsOwned 10+ yrs
The gap between residential and institutional buyers.
2–4 unitsAbsentee
See the full play →Owners managing buildings from another city or state.
Out-of-stateCommercial
Main-street buildings with long-time local owners.
RetailOwned 15+ yrs
Flex and warehouse owners in tight industrial markets.
IndustrialZip code
Owners likely to need a broker in the next 12–24 months.
Owned 10+ yrsHigh equity
See it in Spur
A commercial owner list in Spur
Sample results for long-held multifamily in one submarket. Names are partly masked.
Oakland, CAMultifamily 5+ unitsOwned 10+ yrsEntity owner
- Hollis Partners LLC24 units · Hollis AveContact: David O.Owned 17 yrsBuilt 1964
- Lakeshore Holdings LP12 units · Lakeshore AveMailing in San MateoOwned 22 yrs
- M. & R. Chen Trust8 units · Grand AveMailing in Walnut CreekTrustOwned 28 yrs
- Telegraph 4400 LLCMixed-use · Telegraph AveContact: Sandra K.Retail + 6 units
- Patel Family LLC16 units · MacArthur BlvdMailing in FremontOwned 14 yrs
AI draft for David O. · Hollis Partners LLC
Dear David,
I advise multifamily owners in the East Bay, and I'm writing about the 24-unit property on Hollis Avenue that Hollis Partners has held since 2009.
A lot has changed in the submarket since then: rents, cap rates, and the cost of capital. Some long-term owners are taking the opportunity to sell quietly or recapitalize, and others are holding. Either way, a current view of value is useful to have.
If you'd like a confidential, no-obligation valuation, scan the code or call me directly. I'm happy to work around your timeline.
Rachel Kim · East Bay Multifamily Advisors · (510) 555-0149
Sample data for illustration. Your results depend on your market and filters.
Playbook
How to prospect commercial property owners directly
Commercial real estate is a relationship business with long sales cycles. Many owners hold for a decade or more and sell only when an estate, partnership, refinance, or tax situation forces a decision. The broker or buyer who has been in touch, credibly and consistently, is the one they call.
Start with the asset, not the owner. Choose property types and sizes where you can actually transact, in submarkets you know. Then use ownership length and owner location to prioritize: long-held buildings and out-of-area owners tend to be more open to a conversation.
Expect most owners to be entities. Enrichment can surface a mailing address and contact for the person behind an LLC or trust in many cases, but not every one. For high-value targets, a well-addressed letter to the registered agent or managing member is still worth sending.
Write like a professional, not a marketer. A short letter that names the property, shows you understand the submarket, and offers something useful (a valuation, a market update, a confidential conversation) works far better than a glossy postcard. Then stay in touch quarterly; commercial deals often come from the third or fourth year of a relationship.
51×return on a year of Spur Team from one 1% fee on a $3M sale
One commercial deal covers decades of Spur.
- Spur Team: $588/yr billed annually
- 200 professional letters on Team at $1.39 each = $278
- A 1% fee on a $3,000,000 transaction = $30,000, or 51× your subscription
Example math. Fees and deal sizes vary by asset class and market. Run your own numbers →
One tool, not four
Spur vs. the usual CRE prospecting stack
What you needThe usual waySpur
Commercial ownership dataCoStar, Reonomy, or county records✓ Built in
Person behind the LLCSecretary of state lookups, manual research✓ Built in
Owner lettersMail merge and an assistant✓ Built in
Printing and mailingOffice printer and stamps✓ Built in
Long-term follow-upCRM reminders that slip✓ Built in
FAQ
Questions from commercial real estate pros
Does Spur cover commercial properties?
Spur searches US property records, which include many multifamily and commercial properties. Coverage and detail vary by county, so run a search in your submarket on the free plan to see what's available.
Can I find the owner behind an LLC?
Often, yes. Enrichment returns mailing addresses and contact details for the person associated with the entity where records allow. Some entities are deliberately opaque, so plan to mail the registered address for those.
Should I send postcards or letters to commercial owners?
Letters usually suit commercial owners better because they read as professional correspondence. Spur mails both.
Is Spur a replacement for CoStar?
No. CoStar is a deep research and comps platform. Spur is for reaching owners: finding them, enriching contact info, writing the letter, mailing it, and following up.
Can brokers use Spur for listing prospecting?
Yes. Brokers use it to stay in front of owners of the asset types they sell, with quarterly market updates and valuation offers.
Keep exploring
Related roles and guides
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