October 2025

M id A tlantic Real Estate Journal — Women in Business — October 2025 — 15B

www.marej.com

W omen in B usiness

By Linda Brown and Reneé Nichols, LMT Commercial Realty, LLC Women on the Rise in Delaware’s Commercial Real Estate

C

ommercial real estate in Delaware is evolv- ing, and so are the

and the broader industry. Mary Ann Heesters focus- es on property and business

are creating opportunities for mentorship and leadership that didn’t exist at this scale a generation ago. Across Dela- ware, women in CRE are also embracing new trends, using technology and fresh ideas to expand the commercial real estate business. Momentum is building, and women are proving that when barriers fall, innovation and growth rise. Across Delaware and the country, women are proving that success in com- mercial real estate depends on talent, vision, and hard work, not gender. MAREJ

Momentum is building, and women are proving that when barriers fall, innovation and growth rise.

people driv- ing it. What used to be a mostly male- dominated industry is now seeing more women step into key roles across

sales, re- tail leasing, and tenant representa- tion. As for- mer Deputy Director of Delaware’s A l c o h o l Beverage

We recommend joining industry groups like Dela- ware Real Estate Women (DREW) and Commercial- Industrial Realty Council of Delaware (CIRC) which have been pioneers of this shift, offering women training, leadership roles, professional development, and a seat at the table in major industry conver- sations. These organizations

Ann brings deep expertise in contract negotiations, partic- ularly related to liquor license transactions, and her back- ground in the food, beverage, and hospitality industries adds significant value to LMT Commercial and its clients. Together, they demonstrate the significant value women contribute to commercial real estate.

Linda Brown

Reneé Nichols

brokerage, development, sales, leasing, and property management. These women bring a diverse mix of skills and perspectives to the table, handling market launches, managing business rela- tionships, lease proposals, due diligence, and more. They blend deep knowledge with creativity, adding val- ue at every stage of a project or transaction. In brokerage, they’re ne- gotiating deals that work for both tenants and landlords, buyers and sellers, and in- vestors. In development, they’re driving projects from the ground up by managing budgets, meeting deadlines, and navigating regulatory requirements. Women are not only participating, but they’re also key contributors. Women in CRE are also driv- ing a cultural shift, prioritizing cooperation, strategic partner- ships, and a holistic approach to client service. Instead of operating strictly in silos, they often bring together various groups like legal, financial, and operations to work more collaboratively. This approach doesn’t just benefit their com - panies, it benefits the entire ecosystem of property owners, developers, and tenants. At LMT Commercial, Linda Brown has built a strong reputation for keep- ing things running smoothly behind the scenes, improving communication, making sure operations stay on track, and prioritizing the client rela- tionship. Reneé Nichols leads the marketing charge, leveraging her previous ex- perience developing interna- tional brands, she’s has ap- plied these skills to raise the profile of commercial proper - ties and opportunities across three states. By obtaining their real estate licenses, they’ve expanded their roles beyond administration and marketing, deepening their impact on both the business

Control Commission, she streamlined licensing pro- cesses, led multiple agency units, and launched server training initiatives. Mary

Joe Latina, SIOR Managing Principal Commercial Real Estate Services Serving Delaware, Pennsylvania, Maryland and Around the Globe! Jim Tancredi Principal Chris Moore, CCIM Managing Principal, Broker

Sales & Leasing Tyler Foresta, Sean McNeice, Mitch Berkowitz, Zach Rempfer and George Frankel

Business Specialist and DE Liquor License Consultant Mary Ann Heesters

Office Manager and Sales & Leasing Linda Brown

Director of Marketing and Sales & Leasing Reneé Nichols

1117 N. Franklin Street Suite A Wilmington, DE 19806

+1 302 414 1000 www.LMTCRE.com

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