The Menkiti Group Launches Menkiti Group Commercial Division
Washington, DC area real estate company acquires Congressional Commercial and launches new commercial brokerage team.
WASHINGTON, DC – Today, the Menkiti Group announced its acquisition of Congressional Commercial, LLC, a boutique commercial real estate investment company, and the launch of its full service commercial real estate brokerage division, Menkiti Group Commercial. The formation of Menkiti Group Commercial adds commercial brokerage capabilities to the Menkiti Group family of companies, which also includes a development team, Keller Williams Capital Properties residential brokerage, Washington Property Management, New Vision Staging and Design, and a residential sales team.
“I expect this partnership to round out the in-house services offered by the Menkiti Group, allowing us to serve as a one-stop-shop for real estate services” said Bo Menkiti founder and CEO of the Menkiti Group. “Our partnership with Langdon Hample and his team from Congressional Commercial adds considerable depth to our organization, and strategically positions us for rapid growth.”
Langdon Hample brings to Menkiti Group Commercial an experienced team with over 45 years of combined commercial real estate experience, and a portfolio of 160,000 square feet of commercial property. Hample will serve as Director of Menkiti Group Commercial and will direct the day-to-day operations of the company.
“Given our experience in the commercial sector, partnering with the Menkiti Group presented a significant opportunity to grow into new markets and provide a higher level of service to our clients,” said Hample.
Menkiti Group Commercial is poised to service local businesses, investors, developers, non-profits, and to acquire over $100 million in portfolio assets for the Menkiti Group development team by 2018, with a core concentration on neighborhood commercial along emerging corridors, retail, flex/industrial, and multi-family projects. It will ultimately add a full service debt and equity procurement division, and is currently recruiting a select group of acquisitions and brokerage associates.
The Menkiti Group is a real estate services company dedicated to transforming lives and communities in the Washington DC area. The Menkiti Group is focused on strengthening neighborhoods through the strategic development, management, and sale of real estate in urban markets. For more information on Menkiti Group Commercial, visit www.menkitigroup.com/commercial. For potential acquisition opportunities please contact Langdon Hample at Langdon@menkitigroup.com or 202.733.5468.
Contact: Stephanie Liotta-Atkinson