16C — December 24, 2021 - January 20, 2022 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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P eople on the M ove
C Headquartered in Baltimore and founded in 1971 St. John Properties, Inc. celebrates 50 years of . . . ont. from page 14C Greenleigh is a 1,000- acre mixed-use com-
Bret Thompson joins as a senior director JLL’s DCCapital Markets team appointsmulti-housing co-lead
Mid-Atlantic. Prior to that, he spent five years as an associate director at HFF, which was later acquired by JLL in 2019. He is an active member of the National Multifamily Hous- ing Council (NMHC) and is a graduate of Duke University, where he was also a member of the Duke University NCAA Division I Lacrosse team. “Multi-housing continues to be a very active and appealing property type for investors,” said Jamie Leachman , se- nior managing director and co- head of JLL’s Capital Markets team inWashington, D.C. “We are really excited to have Bret back on our team and look for- ward to the contributions Bret and Robert will make to grow JLL’s market share in the D.C. metro.” MAREJ
WASHINGTON, DC — JLL Capital Markets has hired Bret Thompson as
a senior di- rector in its Washington, DC o f f i c e . T h omp s o n will co-lead the mu l t i - housing in- v e s t m e n t sales and ad-
munity in Baltimore County, MD and upon completion will include 1,900 residential units, including single-family homes, townhomes and multi- family units, along with more than 2.5 million s/f of commer- cial, retail, self-storage and hospitality space. Somerset Construction Company is a development partner on this project. St. John Properties has de- veloped more than 1 million s/f of commercial office, flex/R&D and retail space at Melford Town Center. The mixed-use community in Bowie, MD con- tains a Courtyard by Marriott hotel, with plans to add more than 250,000 s/f of commercial space and over 1,400 residen- tial units. In Utah County, Utah, St. John Properties is developing the $250 million Valley Grove mixed-use business commu- nity which, on completion, will be configured to support more than one million square feet of commercial office, retail and restaurant space, as well as a full-service hotel. Recognition of accolades and employees In 2018, NAIOP, the Com- mercial Real Estate Develop- ment Association, selected St. John Properties, as its Devel- oper of the Year – the associa- tion’s highest national honor. “This was the greatest ac- compl ishment that we’ve achieved throughout our 50- year history,” said Edward St. John. “We believe in the power of hiring the right peo- ple, working hard and giving back to the community. This national recognition validates our corporate culture of per- forming to the best of our abil- ity each day and doing what it takes to get the job done right.” “For five decades, St. John Properties has performed as a true innovator in the com- mercial real estate industry,” said Thomas J. Bisacquino, NAIOP president and CEO. “The company’s notable ac- complishments, extensive portfolio and commitment to sustainability are a testament to its passion for advancing both the quality of the prop- erties it develops and our in- dustry. NAIOP was thrilled to honor St. John Properties with our highest honor in 2018 , cel- ebrating the company as our
Bret Thompson
visory practice alongside se- nior director Robert Jenkins . Thompson has more than 11 years of commercial real estate experience and joins JLL from a national commercial real estate firm where he was a se - nior vice president focused on multifamily investment sales and equity capitalizations of properties and portfolios in the
Greenleigh mixed-use community in Middle River, Maryland
HRP hires three new executives at The Bellwether District
of jobs through future tenants in life sciences, e-commerce, and logistics. Meghan Kelly, Mia Fiora- vanti , and Raina Mehta join the growing team for The Bellwether District as Vice President of Life Sciences, Vice President of Corporate Affairs, and Legal Director, respectively. All three wom- en are local to the area and will play an integral role in making The Bellwether Dis- trict's transformative vision for Philadelphia's economy, community, and environment a reality. MAREJ living for families in need of af- fordable housing. The Retreat offers 150 two-bedroom, two- bath and 96 three-bedroom, two-bath apartments, compa- rable in size to market-rate units to families earning 60% AMI (Area Median Income) or below. Fifty units include Section 8 Project Based Vouch- ers and thirteen are Section 504-compliant ADA units for residents with disabilities. This is the second consecu- tive year Lawson has been recognized with a HRACRE Excellence in Development DesignMerit Award. Lawson’s Seaside Harbor development in Virginia Beach received the award in 2020. Lawson was also recently recognized as Developer of the Year in the 2021 Viridiant Building Sustainability Awards. MAREJ
PHILADELPHIA, PA — Hilco Redevelopment Part- ners (HRP) has bolstered its team at The Bellwether District with three execu- tives focused on life sciences, corporate affairs, and legal. These new hires come on the heels of HRP announcing The Bellwether District – the new name and identity for the former PES refinery in South Philadelphia. At 1,300 acres, The Bellwether District will become an economic engine for the city of Philadelphia, driving change and inclusive growth by bringing thousands VIRGINIA BEACH, VA — Lawson is honored to an- nounce that The Retreat at Harbor Pointe Apartments have been awarded the Hamp- ton Roads Association for Commercial Real Estate ( HRACRE) 2021 Best Multi- family/Commercial Housing Project Merit Award. Established to identify, en- courage, and reward excel- lence in development design, the HRACRE Excellence in Development Design Awards recognize outstanding devel- opment projects in the Hamp- ton Roads, Virginia area. The Retreat at Harbor Pointe is a 100% affordable 246-unit LIHTC (Low Income Housing Tax Credit) multifam- ily community on the historic Elizabeth River waterfront developed to provide class A
St. John Properties headquarters in Baltimore, Maryland
Developer of the Year and rec- ognizing its outstanding qual- ity of projects and services, adaptability to varying market conditions, and support of its local community. Congratula- tions to St. John Properties for all it has achieved and all that is ahead for this terrific company.” In December 2019 , in cel- ebration of achieving its goal of developing 20 million s/f of commercial real estate, St. John Properties distributed a $10 million bonus amongst its employees. The bonus was paid out solely based on each employee’s years of service, with the average employee receiving $50,000. In 2020 , St. John Proper- ties was recognized by the Baltimore Business Journal as the #1 Best Place to Work in the large business category. The company cited its unique workplace culture as one of its strengths, in more than a third of all current employees have a tenure exceeding 10 years. “We take enormous pride in our ability to attract and retain the best talent in the real estate industry. Our investment in retaining this talent is invaluable, and is reflected in the tremendous accomplishments executed by our team on a daily basis,” ex- plained Lawrence Maykrantz.
Edward St. John Foundation focuses on transformative power of education A founding principle of St. John Properties is to invest long-term in the communi- ties they serve. The company encourages on-going philan- thropic activities by its em- ployees with a matching gift program, and has been ranked on the Baltimore Business Journal’s list of top Corporate Philanthropists since 2014. In 2020, Baltimore-area em- ployees gifted $3.48 million to non-profit organizations and volunteered 5,472 combined hours. The Edward St. John Foun- dation, created in 1998, do- nates 7.5 percent of St. John Properties’ net profits annual - ly. The Foundation has gifted over $65 million to more than 750 organizations, with a focus on entities dedicated to provid- ing educational opportunities to people of all ages. The Foun- dation’s mission is to utilize the transformative powers of education to change lives and strengthen communities. In 2011, the Foundation donated $10 million to the University of Maryland to develop the Edward St. John Teaching and Learning Center at the College Park campus, where St. John earned his electrical engineer- ing degree. MAREJ
The Retreat at Harbor Pointe wins HRACRE Merit Award
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