Aerial view of a U.S. Sunbelt city skyline at dusk
Concorde Group Holdings, LLC

We Revitalize Exceptional Assets in Growth Markets

A vertically integrated real estate investment platform that acquires, revitalizes, and operates open-air retail across the U.S. Sunbelt — grocery anchored, necessity, and lifestyle.

Our Mission

Revitalization isn’t a new strategy. It’s the family trade.

In 1833, Jean-Baptiste Apollinaire LeBas stood at the entrance of the Temple of Luxor, Egypt, looking at 250 tons of granite that had stood there for three thousand years. The unrealized value was never in question. The location was. He revitalized it by engineering the transport, square foot by square foot, and raising the 75-foot landmark three years later at the Place de la Concorde, Paris, where its value is now unlocked by revitalization.

Principals Joseph and William LeBas — direct descendants of Jean-Baptiste Apollinaire — founded Concorde Group Holdings to honor their ancestor’s vision, meticulous planning to revitalize, and unwavering craftsmanship to execute.

His descendants do the same work with retail real estate. We acquire exceptional assets, carrying unrealized value, and unlock that value through tenant curation, leasing, and hands-on operation. We don’t change the bones. We revitalize.

Historic engraving of the obelisk at Luxor Temple, Egypt
Exceptional Asset
Raising of the Luxor Obelisk at the Place de la Concorde, 1836
Revitalization
Visitors gathered at the Obelisk of Luxor, Place de la Concorde, Paris
Growth Market

Just as an exceptional asset was revitalized at the Place de la Concorde, our firm is dedicated to revitalizing exceptional assets in growth markets.

The Concorde Advantage

A focused investment and operating platform, built on essentials.

We specialize in U.S. Sunbelt necessity and lifestyle retail — resilient open-air retail asset classes, executed with our revitalization and operational best practices. Investors receive focused strategy, direct access to senior management, and full transparency at every step.

Founded in 2015, Concorde has completed $275M in cumulative full life-cycle investments and remains committed to delivering an asymmetric risk-return profile for its clients. In 2024, Concorde established its UAE development business.

Publix Food & Pharmacy storefront at dusk
Open-air Sunbelt retail center promenade at dusk
1
Intelligence

Data-centric, tech-enabled research is the foundation of our investment platforms. Zip-code-level behavior, income flows, and migration patterns underwritten before we deploy a dollar. Our leadership brings multiple successful technology exits — data engineering applied across the full investment lifecycle to identify mispricing, durable demand, and risk.

2
Value

Operating-intensive assets and positioning opportunities to unlock and create value at the asset level, prior to capital structure optimization. Our processes and actions force appreciation where others wait for the market.

3
Execution

The principals underwrite, capitalize, acquire, and operate each asset directly, in the U.S. Sunbelt major markets where they have decades of relationships with all parties in the retail ecosystem, layering in national, regional, and local tenant relationships.

Leadership

Meet the team.

Entrepreneurs, operators, and investors with decades of experience across commercial real estate, technology, hospitality, and international business. Hover any profile to read the bio.

Joseph C. LeBas
Joseph C. LeBas
President, CEO & Founder
Joseph C. LeBas
President, CEO & Founder

A career entrepreneur and technology executive with superior results in global market creation and profitable growth. Beyond commercial real estate, Joe has built technology companies acquired by HP, IBM, NASDAQ and ICE/NYSE, delivering over $500M to investors.

jclebas@concorde-grp.com
William D. LeBas
William D. LeBas
Chief Operating Officer
William D. LeBas
Chief Operating Officer

Thirty years managing large metro-market franchise restaurants and retail, including start-up experience in site and construction operations, concept development, and marketing and sales.

wlebas@concorde-grp.com
Mark Kleinkopf
Mark Kleinkopf
Head of Capital Markets
Mark Kleinkopf
Head of Capital Markets

30 years of experience and $5B in capitalizations across residential, commercial, and hospitality sectors in the U.S., Europe, and Mexico. Founder of a private-equity real estate advisory firm; former CIO of a multi-state fund manager, SVP Finance at a PE real estate firm, and investment professional at Security Capital Group. MBA Finance, University of Chicago; BA Economics, Emory; FINRA Series 82 & 63.

mkleinkopf@concorde-grp.com
Jelena LeBas
Jelena LeBas
Director of Investor Relations
Jelena LeBas
Director of Investor Relations

A global perspective on adding value and delivering results, drawn from a broad background working with investors across iGaming, luxury travel, art, and other consumer industries in Europe and the Middle East.

jplebas@concorde-grp.com
Saleh Abdulqader Haqash
Saleh Abdulqader Haqash
Senior Director, UAE
Saleh Abdulqader Haqash
Senior Director, UAE

A robust background in development, operational excellence, leadership, and expansion from Saudi Arabia and across the GCC. He has driven the regional and global expansion of leading precious-metals businesses and developed major retail and office real estate projects in the region.

shaqash@concorde-grp.com
Track Record

Concorde Group Holdings, LLC

2015
Firm founded in 2015
100+
Senior management years of experience
$275M
Total CRE transactions
650K+
Square feet under management
20%+*
Net IRR to Partners

*historical track record of investments over the past decade across market cycles, and a variety of market conditions.

Investment Strategies

Retail specialists. One thesis, three categories.

Concorde underwrites a single thesis: non-discretionary demand. We acquire open-air retail anchored by tenant categories whose transactions require physical presence — grocery, medical, fitness, and daily personal services — and which are therefore structurally insulated from e-commerce substitution.

That demand profile is what has carried open-air Sunbelt retail through cycles while discretionary formats have faced challenge. Three categories express the thesis, and Concorde has acquired, revitalized, and exited across all three.

Grocery-anchored open-air retail center
Grocery-Anchored

Category-leading grocers anchoring the daily, non-discretionary trip — Publix, Kroger, H-E-B, Aldi, Sprouts, Whole Foods.

Necessity retail — medical and service tenants
Necessity

Fitness, medical, and service anchors generating 10,000–20,000 monthly visits, supported by daily-needs inline tenancy. This is what we call ‘neighborhood’ retail.

Lifestyle retail — dining and boutique tenancy
Lifestyle

Curated dining, entertainment, and boutique tenancy in trade areas where household income or tourism demand supports the format.

Why Sunbelt Open-Air Necessity & Lifestyle Retail

Sunbelt Tailwinds

Over 75% of U.S. population growth since 2020 has concentrated in Sunbelt states, with metro incomes rising 2–3x the national pace.

Resilient Downside

Grocery-anchored assets held defensive 6.3–6.8% cap rates even through CRE turbulence, with the sector still trading $7B+ in 2024.

Best-in-Class National Credit Tenants

Anchors like Whole Foods, Kroger, and H-E-B keep centers near ~92% occupancy with stable, long-term lease rollovers.

Two Investment Platforms

The right value creation platform for two distinct markets.

Grocery-anchored open-air retail center in the U.S. Sunbelt
U.S. Sunbelt Open-Air Retail
US Sunbelt Retail Acquisitions

We acquire and revitalize open-air retail across high-growth U.S. Sunbelt markets — grocery-anchored, necessity, and lifestyle.

See the buy box →
Contemporary luxury villa with pool at dusk
UAE Long-Term Investment
UAE Development

A decade on the ground in the Gulf — a RERA-approved Dubai development company, JAFZA incorporation, and a full-cycle record completed in-market.

How we got there →
Aerial view of a U.S. Sunbelt open-air retail center
US Sunbelt Retail Acquisitions
Primary Platform  ·  Established 2015

Retail specialists.
One thesis, three categories.

Concorde underwrites a single thesis: non-discretionary demand. We acquire open-air retail anchored by tenant categories whose transactions require physical presence — grocery, medical, fitness, and daily personal services — and which are therefore structurally insulated from e-commerce substitution.

That demand profile is what has carried open-air Sunbelt retail through cycles while discretionary formats have faced challenge. Three categories express the thesis, and Concorde has acquired, revitalized, and exited across all three.

Investment Strategies
Grocery-anchored open-air retail center
Grocery-Anchored

Category-leading grocers anchoring the daily, non-discretionary trip — Publix, Kroger, H-E-B, Aldi, Sprouts, Whole Foods.

Necessity retail — medical and service tenants
Necessity

Fitness, medical, and service anchors generating 10,000–20,000 monthly visits, supported by daily-needs inline tenancy. This is what we call ‘neighborhood’ retail.

Lifestyle retail — dining and boutique tenancy
Lifestyle

Curated dining, entertainment, and boutique tenancy in trade areas where household income or tourism demand supports the format.

Why Sunbelt Open-Air Necessity & Lifestyle Retail

Sunbelt Tailwinds

Over 75% of U.S. population growth since 2020 has concentrated in Sunbelt states, with metro incomes rising 2–3x the national pace.

Resilient Downside

Grocery-anchored assets held defensive 6.3–6.8% cap rates even through CRE turbulence, with the sector still trading $7B+ in 2024.

Best-in-Class National Credit Tenants

Anchors like Whole Foods, Kroger, and H-E-B keep centers near ~92% occupancy with stable, long-term lease rollovers.

See the Track Record
Investment Plan

The box we buy in.

These are the screens every acquisition clears before we spend a dollar.

Investment
$25M – $125M
Size
125,000 – 300,000 SF
Target Markets
Southeast & Texas
Trade Area

Extensive proprietary trade-area analysis — household income growth within a 3-mile ring with recent or planned residential development

What’s Wrong

Broken tenant mix, under-leased, under-capitalized, deferred capex

Value Creation

Identifiable and executable value creation strategy

Capitalization

Deal-by-deal — joint-venture equity, programmatic relationships, or a discretionary vehicle, sized and structured for the partner.

Criteria are guidelines applied with judgment, not rigid rules, and are subject to change as markets move. Nothing on this page is an offer to sell or a solicitation of an offer to buy any security.

Business handshake
Exit Plan

Income growth is the exit plan.

We buy with the exit already modeled. Concorde creates the income story — leasing, rent resets, tenant curation, and redevelopment where it pencils — and stabilizes the asset into durable, in-place NOI. Income growth creates attractive exit options.

Capital Partners

Review the pipeline.

Concorde partners with institutions and family offices that can fund LP equity in a single commitment — through joint-venture equity, a programmatic relationship, or a discretionary vehicle. Reach our team to review the pipeline and the underwriting behind it.

Concorde does not offer securities through this website. Any investment discussion proceeds directly with our team and, where applicable, through definitive documentation.

Contact
US Sunbelt Retail Acquisitions

invest@concorde-grp.com  ·  Contact Our Team  ·  +1 (888) 254-1144
Concorde Group Holdings, LLC  ·  1600 S. Federal Highway, Suite 570, Pompano Beach, FL 33062, USA

Contact Our Team

Important Disclosures

This page is provided for informational purposes only. It is not an offer to sell or a solicitation of an offer to buy any security, and nothing on it should be relied upon as investment, legal, or tax advice. Any investment would be made solely through definitive documentation negotiated directly with our team.

Real estate investment involves significant risk, including the possible loss of capital. Case studies describe realized, full-cycle investments completed by Concorde Group Holdings and its principals on prior transactions. Those results were achieved under specific market conditions that will not repeat, and past performance is not indicative of, or a guarantee of, future results.

This page contains forward-looking statements, including statements about strategy, pipeline, and international plans. Such statements rest on current assumptions and involve risks and uncertainties; actual results may differ materially. Concorde undertakes no obligation to update them.

Orlando skyline at dusk over Lake Eola
Case Studies

The proof is in the revitalization.

Concorde acquires open-air retail carrying unrealized value, brings that value out through leasing, tenant curation, and redevelopment, and exits at stabilized pricing. These are the outcomes of that discipline.

Realized Case Studies
Aerial view of East West Shops retail center

East West Shops, Atlanta Metro, GA

Sunbelt Necessity Retail85,535 SF9-yr hold
Acquired
$5.2M
2015
Sold
$15.2M
2024
Occupancy
30% → 96%
At acquisition / at sale
Value

Concorde acquired East West Shops in 2015 for $5.2M — an 85,535 SF neighborhood center running at roughly 30% occupancy, with a broken rent roll and no leasing momentum.

Execution

Concorde revitalized the center, curating 20 tenants through data-driven leasing and disciplined tenant selection around daily-needs uses. Occupancy climbed from 30% to 96%, and Concorde exited in 2024 at $15.2M — nearly 3x the acquisition basis, with five refinancings returning capital to investors across the nine-year hold.

Park Centre, Miami FL

Park Centre, Miami, FL

Sunbelt Flex Retail131,565 SF3-yr hold
Acquired
$12.5M
2016
Sold
$19.4M
2019
Occupancy
55% → 89%
At acquisition / at sale
Value

Concorde acquired Park Centre in 2016 for $12.5M — a 131,565 SF center hobbled by stalled tenant buildouts and poor leasing execution, with its largest anchor, the Miami Herald, carrying the space at just $4.00/SF gross.

Execution

Concorde took control and executed roughly 60,000 SF of tenant buildouts, replaced the leasing team, and subdivided the Miami Herald box into two tenants at low-teens NNN rents — a step-change in both rent quality and durability. Concorde exited in three years, selling for $19.4M in 2019.

Aerial of Dellagio Town Center, Orlando

Dellagio Town Center, Orlando, FL

Sunbelt Lifestyle Retail108,796 SF4-yr GP hold
Acquired
$40.1M
2017
GP Exit
$50M
2021
Occupancy
80% → 95%
At acquisition / At Concorde GP exit
Value

Concorde acquired Dellagio Town Center from an institutional seller for $40.1M — a trophy Restaurant Row lifestyle center left to drift under its prior owner: a stale rent roll, a heavy expense load, and occupancy hovering near 80%. The location and the bones were rare; the operations were not.

Execution

Over a four-year GP hold, Concorde reset the center. Eleven new leases — anchored by Norman’s, named Orlando’s best restaurant in 2025, and AdventHealth — plus five renewals to market rents rebuilt the income base, while streamlined management systems and renegotiated third-party contracts cut operating expenses by 20%.

See how discipline translates into outcomes.

Learn how Concorde's strategy is put to work across the U.S. Sunbelt retail platform, or reach our team directly.

Explore UAE Development Contact Us
Dubai skyline at sunset over the water with the Burj Khalifa
UAE Development
Second platform  ·  Established 2016

A decade building in the Gulf.

Concorde runs two distinct platforms. In the Gulf we are not a visitor: we hold a RERA-approved Dubai development company, a Jebel Ali Free Zone holding company, access to an 850-person local workforce, DIFC regulation and fund establishment experience, and a full-cycle record of acquisitions and dispositions completed in-market. Ten years in, the infrastructure is built and the relationships are real. We are disciplined about when the next dollar or dirham goes in — not about whether we belong here.

How We Got Here

We learned the market by building in it.

Concorde’s Gulf presence began with capital, not construction. From 2016 the principals built an EB-5 advisory business across the Gulf states, India, and beyond, steering international investors to reputable USA regional centers. That work put us on the ground, with a hub in Dubai, alongside the region’s family offices and high-net-worth investors.

What began as relationships is now infrastructure. To develop in the region you must first understand how the region’s developers work — so we bought, built, and sold alongside them.

RERA-Approved Developer

Concorde Falcon Development, LLC — our licensed Dubai construction developer under the Real Estate Regulatory Agency. Not a foreign buyer; a registered Dubai developer.

JAFZA Incorporated

A Jebel Ali Free Zone holding company with full knowledge of DIFC and ADGM regulatory and fund construction practices, capable of executing inside the region’s financial and legal architecture.

850-Person Workforce

The principals of Concorde Falcon Development, LLC, through a wholly owned subsidiary, have access to a local employee workforce — the labor base a villa development program actually requires.

Full-Cycle In Market

Entitled land in Dubai South, acquired and sold. We took the bid rather than force a build — optionality is the discipline, not a fallback.

EB-5 Advisory Since 2016

Steering international investors to reputable USA regional centers from across the Gulf, India, and beyond, to drive job creation, economic impact and positive net migration.

UAE Government JV Service Center

Ownership in a standing Dubai joint venture licensed with the Government of the UAE, offering commercial business licenses, work visas, and resident visas up to the highly desired UAE Golden Visa.

On the Ground

Led from the region.

Saleh Abdulqader Haqash
Saleh Abdulqader Haqash
Senior Director, UAE

Saleh brings a robust background in development, operational excellence, leadership, and expansion from Saudi Arabia and across the GCC. He has driven the regional and global expansion of leading precious-metals businesses and developed major retail and office real estate projects in the region.

The same principle that governs our U.S. assets governs the Gulf: the people running the platform live in the market they are building in.

shaqash@concorde-grp.com
What We Build

Luxury villa and hospitality.

Contemporary luxury villa with pool at dusk
Residential

Luxury Villa Residential

Villa construction into a market that remains underbuilt against demand — executed by our own licensed development company, with the same emphasis on planning and operational rigor that defines our U.S. work.