CHARLOTTE, NC— The Morgan Companies, a commercial real estate company that has acquired and developed more than $1 billion in multi-sector assets since its founding in 1977, announced today that it is opening its newest office in Reston, VA, to to better serve the Metro DC area. This is Morgan’s third office. The other two are in Charlotte, NC, and Fort Lauderdale, FL.
The Reston office is located at 11955 Freedom Drive, Suite 11000, in the heart of the Reston Town Center. The company expects to open its doors to the public in September.
“With the opening of our third office,” says Rich Sutphin, COO of The Morgan Companies, “we are able to position Morgan in the Metro DC region at a time when the entire area is experiencing tremendous expansion due, in large part, to the reinvigorated economy and the recent surge of high-tech developments, especially in Northern Virginia. We anticipate that the interest in commercial real estate as a long-term strategy for diversifying investment portfolios will only continue to grow. Given the early success of our Charlotte and Florida offices, we are confident the DC office will play a meaningful role in our corporate plan to be a leading commercial real estate developer throughout the Eastern United States.”
THE MORGAN COMPANIES
For more than 40 years, the professionals at The Morgan Companies have produced more than 150 quality commercial developments for its principals, clients, and investors. The company has acquired and developed more than $1 billion of multi-sector assets throughout the Eastern United States. Morgan handles all phases of the complex development process from site selection and governmental approvals through financing and construction to leasing and asset management. The Morgan Companies specializes in national credit tenant-anchored properties, including shopping centers, office buildings, hotels, and medical properties. For more information, visit TheMorganCos.com.