NAICS Subsector 531: Real Estate

Subsector

Definition

Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles.

Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.

Code facts

Codes under it
3
Contract awards
1,420 In the last 12 months
Contract obligations
$495,216,858 In FY2025

NAICS codes and definitions come from the U.S. Census Bureau and contract spending from SAM.gov/FPDS.

Contract obligations by fiscal year

Fiscal year Obligated
FY2027 To date $36,935,464
FY2026 $519,952,103
FY2025 $495,216,858
FY2024 $766,269,017
FY2023 $458,094,199

Top contractors by obligations

Rank Contractor Obligated, FY2026–FY2027 Share
1 Dawson's Realty & Mortgages, Inc. $66,409,258
2 Information Systems & Networks Corporation $61,381,263
3 24 Asset Management Corp $55,228,515
4 J G M Property Group, Inc. $43,323,189
5 Lima Charlie, Inc. $29,536,163
6 Alpine Companies, Inc. $26,957,310
7 Franconia Real Estate Services, Inc. $22,486,356
8 N.s.p. Ventures Corp. $18,637,842
9 Leumas Residential LLC $13,119,780
10 A Team Realty Inc. $12,414,685

See the full FY2025 ranking of NAICS 531 contractors, by parent company.

Top funding agencies by obligations

Rank Agency Obligated, FY2026–FY2027 Share
1 Department of Housing and Urban Development $173,783,591
2 Department of Agriculture $141,470,326
3 Department of Homeland Security $88,710,994
4 Department of the Navy Department of Defense $48,565,225
5 Department of the Treasury $22,490,059
6 Department of the Army Department of Defense $20,803,086
7 Department of Justice $13,561,248
8 Air Force Department of Defense $9,980,108
9 Corporation for National and Community Service $9,436,146
10 National Aeronautics and Space Administration $7,661,388
Rank PSC code Obligated, FY2026–FY2027 Share
1 Z1FZ Maintenance of Other Residential Buildings $131,122,509
2 R499 Other Professional Services $130,053,365
3 X1FA Lease/Rental of Family Housing Facilities $38,158,289
4 X1AA Lease/Rental of Office Buildings $32,759,434
5 R402 Real Estate Brokerage Services $28,140,571
6 R411 Real Property Appraisals Services (SIC 6531) $23,704,415
7 V231 Lodging – Hotel/Motel $21,585,943
8 W099 Lease or Rental of Equipment: Miscellaneous $17,552,152
9 R799 Other Management Support Services $16,217,884
10 V301 Relocation Services $15,351,346

Contract obligations by state

Rank Place of performance Obligated, last 12 months Share
1 Georgia $81,515,886
2 Maryland $69,570,492
3 Florida $54,982,112
4 Hawaii $44,894,068
5 Michigan $44,376,274
6 District of Columbia $40,942,855
7 California $40,484,598
8 Utah $37,013,113
9 Virginia $31,047,780
10 Texas $20,869,230
11 Colorado $13,311,598
12 Oregon $6,655,926
13 Kansas $5,966,748
14 Arkansas $4,427,058
15 New Mexico $4,033,208
16 Washington $3,482,934
17 Louisiana $3,061,366
18 New York $2,851,599
19 Iowa $2,732,798
20 New Hampshire $2,473,089
21 New Jersey $1,936,121
22 Montana $1,800,188
23 Minnesota $1,674,233
24 Missouri $1,629,465
25 Illinois $1,464,279
26 Arizona $1,450,588
27 Idaho $1,243,770
28 Nevada $1,187,946
29 Tennessee $1,186,698
30 Pennsylvania $1,151,490
31 Alabama $1,124,336
32 Massachusetts $1,088,194
33 Wyoming $1,054,649
34 Kentucky $1,003,490
35 Mississippi $953,576
36 Ohio $782,282
37 Indiana $501,832
38 South Carolina $487,773
39 West Virginia $469,865
40 Guam $431,979
41 Puerto Rico $425,737
42 North Dakota $349,686
43 South Dakota $182,605
44 Delaware $163,492
45 Rhode Island $153,205
46 Connecticut $135,922
47 Nebraska $76,400
48 Northern Mariana Islands $12,300
49 Vermont $10,261
Show all 49

Shares are of everything obligated under NAICS 531 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.

Contract opportunities

Notice Posted Due
General Services Administration (GSA) seeks to lease Office, Warehouse and Secured Wareyard space in Buffalo, WY Solicitation · Central Office (PBS)
Justification for Lease Extension -9,425 SF of space in Anchorage, AK Limited / Sole Source Justification · Office of Leasing (PBS) —
Lease for Office Space - 2166 Sq Ft Required Solicitation · ENDIST Omaha (USACE)
General Services Administration (GSA) Seeks to lease the following space: Solicitation No. 2TX1269 Pre-Solicitation · Office of Leasing (PBS)
Lessors of Nonresidential Office Space for Lease Pre-Solicitation · ENDIST Kansas City (USACE)
USDA - Forest Service - Notice of Lease Award - Redding, CA Award Notice · Forest Service —
Office Space Pre-Solicitation
US government seeks to lease space in SAN jose, CA Pre-Solicitation · Central Office (PBS)
USDA Seeks to lease office and related space in Logansport, IN (Cass County)Soliciation Solicitation · Farm Production and Conservation
Lease Medical Space, 19,000 ABOA Solicitation · Veterans Integrated Service Network 15 (VHA)
The Government is seeking to lease office and related space in New Bedford, MA for a minimum of 7,736 ANSI/BOMA Office Area (ABOA) and a maximum of 8,123 ABOA Pre-Solicitation · Central Office (PBS)
Intent to Sole Source – Notice of Succeeding Lease Action; Santa Ana CA, Annex Solicitation · Department of Veterans Affairs
X1DB--Department of Veterans Affairs Butler New Castle Road VAMC Butler, PA HISTORIC REUSE OPPORTUNITY Request for Proposals Solicitation · VA Office of Construction and Facilities Management
General Services Administration Lease: Office Space Rochester, New York Pre-Solicitation · Office of Leasing (PBS)
General Services Administration (GSA) awards 25,153 RSF of office and related space in Portland, OR. Limited / Sole Source Justification · Office of Leasing (PBS) —
Award Notice: Lease for SSA Gardner, MA Award Notice · Office of Leasing (PBS) —
General Services Administration Lease: Office Space Pearl, TX Limited / Sole Source Justification · Region 6 (PBS) —
Recruiting Station - Armed Forces Career Center - Guaynabo, PR Solicitation · ENDIST Jacksonville (USACE)
GSA seeking office space in San Antonio, TX Pre-Solicitation · Central Office (PBS)
General Services Administration Lease: Office Space , McKinney, Texas Limited / Sole Source Justification · Region 6 (PBS) —
El Paso Community Based Outreach Clinic (CBOC) Solicitation · Department of Veterans Affairs
Franklin County Outpatient Clinic, OH. 97,449 ANSI/BOMA Square Feet Solicitation · VA Office of Construction and Facilities Management
X1DB--New Lease for Jackson, MS Biomedical Research Laboratory Pre-Solicitation · Veterans Integrated Service Network 16 (VHA)
Lease for office space - 6800 Sq Ft Required Solicitation · ENDIST Omaha (USACE)
36C24626R0073 Fredericksburg, VA RLP RFI Answers Solicitation · Veterans Integrated Service Network 2 (VHA)
Worldwide Professional Brokerage Services Synopsis Pre-Solicitation · Office of Acquisition Management
US Government Awards Extension in San Diego, CA - Redacted JOTFOC Limited / Sole Source Justification · Central Office (PBS) —
US Government Awards Extension in San Diego, CA Award Notice · Central Office (PBS) —
General Services Administration (GSA) seeks to lease office space in Port Angeles, WA and Sequim, WA Solicitation · Office of Leasing (PBS)
6MS0126 Notice of Intent to Lease Space using other than Full and Open Competition Pre-Solicitation · Office of Leasing (PBS)
X1DB--Valley Stream CBOC - New Replacing Lease (VA-28-00000026) Pre-Solicitation · Veterans Integrated Service Network 2 (VHA)
The U.S. General Services Administration seeks to lease the following space: Solicitation · Central Office (PBS)
Request for Proposals (RFP) Eight (8) Fully Furnished Apartment Units for Navy Trauma Training Center (NTTC) Students, Los Angeles, CA Solicitation · Naval Facilities Engineering Command (Navy)
U.S. Government Space Required: St. George, UT Solicitation · ENDIST Sacramento (USACE)
USDA - Forest Service - Notice of Lease Award - Tucson, AZ Award Notice · Forest Service —
Award of lease for Office space in Anoka County, Minnesota Award Notice · Office of Leasing (PBS) —
1147 SQFT Requested Solicitation · ENDIST Omaha (USACE)
Notice of Intent to Lease Office Space Using Other Than Full And Open Competition Pre-Solicitation · Office of Leasing (PBS) · 5NJ0279
U.S. Government Seeks To Lease Office Space in Bridgeport, CT Pre-Solicitation · Office of Leasing (PBS)
USDA intent to award Rochester, NY Special Notice · Marketing and Regulatory Programs Business Services (APHIS)
General Services Administration (GSA) seeks to lease the following space: Solicitation No. 3FL0557 Solicitation · Office of Leasing (PBS)
General Services Administration (GSA) Lease: Office Space Muskogee, Oklahoma Limited / Sole Source Justification · Region 6 (PBS) · 6Ok0149 —
General Services Administration (GSA) Lease: Office Space Muskogee, Oklahoma Award Notice · Region 6 (PBS) · 6OK0149 —
Notice of Intent to Lease Office Space Using Other Than Full And Open Competition Pre-Solicitation · Office of Leasing (PBS) · 5PA0528
General Services Administration (GSA) seeks to lease the following space in Miami, FL: Solicitation · Central Office (PBS)
9FL2517 - General Services seeks to Lease Warehouse Space in Miami, FL Solicitation · Office of Leasing (PBS)
Retail Space for Lease in Glendora Solicitation · ENDIST Los Angeles (USACE)
8TN2168 The US Government Seeks to Lease Office and Related Space in Nashville, TN-Request for Lease Proposal Solicitation · Central Office (PBS)
Notice of Intent to Lease Space Using Other Than Full and Open Competition Pre-Solicitation · Office of Leasing (PBS)
Notice of Intent to Lease Office Space Using Other Than Full And Open Competition Pre-Solicitation · Office of Leasing (PBS) · 5PA0440
Show 40 more

Latest 50 of 49,867 listed here. See the rest on GovTribe.

Codes under 531

NAICS code
5311 Lessors of Real Estate
5312 Offices of Real Estate Agents and Brokers
5313 Activities Related to Real Estate

Quick answers

What is NAICS 531?

NAICS 531 is Real Estate, a subsector in NAICS 53, Real Estate and Rental and Leasing.

What codes are under NAICS 531?

NAICS 531 has 3 codes under it with their own GovTribe pages: 5311 Lessors of Real Estate, 5312 Offices of Real Estate Agents and Brokers and 5313 Activities Related to Real Estate.

How much do federal agencies spend under NAICS 531?

Federal contracts under NAICS 531 obligated $495,216,858 in fiscal year 2025 and $2,276,467,642 in fiscal years 2023 through 2027.

Who are the largest contractors under NAICS 531?

The contractors with the most obligated under NAICS 531 in fiscal years 2026 and 2027 are Dawson's Realty & Mortgages, Inc. ($66,409,258); Information Systems & Networks Corporation ($61,381,263); and 24 Asset Management Corp ($55,228,515).

Which agencies buy the most under NAICS 531?

The agencies that obligated the most under NAICS 531 in fiscal years 2026 and 2027 are Department of Housing and Urban Development ($173,783,591), Department of Agriculture ($141,470,326) and Department of Homeland Security ($88,710,994).

Which PSC codes are used with NAICS 531?

The PSC codes with the most obligated under NAICS 531 in fiscal years 2026 and 2027 are Z1FZ Maintenance of Other Residential Buildings, R499 Other Professional Services and X1FA Lease/Rental of Family Housing Facilities.

Where is the work under NAICS 531 performed?

By place of performance, the states with the most contract obligations under NAICS 531 over the last 12 months are Georgia ($81,515,886), Maryland ($69,570,492) and Florida ($54,982,112).

What is the latest contract opportunity under NAICS 531?

The latest contract opportunity under NAICS 531 is General Services Administration (GSA) seeks to lease Office, Warehouse and Secured Wareyard space in Buffalo, WY, solicitation from Central Office (PBS), posted November 12, 2026.

On GovTribe

See everything under NAICS 531

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