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Event Host

700 Progress Way

700 Progress Way

700 Progress Way in Gaithersburg, MD is a two building, 395,000 SF project on 44-acres that directly fronts Interstate 270 at the Montgomery Village Avenue exit. Located next door to the recently constructed 300,000 square foot FedEx Ground facility and just south of the new Watkins Mill Interchange.

The site is strategically located along Interstate 270 and Route 355, 6 miles north of the beltway and 20 miles northwest of downtown Washington D.C. This “high-barrier-to-entry” Montgomery County location serves over 6.2 million residents in the Washington D.C. MSA, making it an excellent headquarters or distribution location.

Speakers and Panels

Investing in Mid-Atlantic's Industrial Real Estate

From the latest acquisitions to the newest players, how is the region planning for an influx of demand and vacancies, loans and finances, site selection, and much more!

Blake Potolicchio

Blake Potolicchio

Managing Partner

Open Industrial

Mike Trail

Mike Trail

CIO

MCB Real Estate

Marcus Daniels

Marcus Daniels

VP

NAI Michael

Kyle McGrady

Kyle McGrady

Senior Associate

Brookfield Properties

Chris Massey

Chris Massey

Managing Principal

Brennan Investment Group

John Dettleff
Moderator

John Dettleff

Executive Managing Director, Brokerage

JLL

Marcus Daniels

VP

NAI Michael

Marcus N. Daniels is a Vice President & Associate Broker at NAI Michael, a full service commercial real estate brokerage and development firm serving Washington DC, Maryland and Virginia. Mr. Daniels brings over 12 years of commercial real estate and community development experience working on several successful sales and leasing assignments including industrial warehouses, distribution facilities, owner-occupied corporate headquarters, major building renovations and repositioning projects, affordable housing development projects and mixed-use development projects.

Mr. Daniels is an active member of The Real Estate Executive Council (REEC) National Association of Investment Companies, the National Association of Black Hotel Owners Operators and Developers (NABHOOD), District of Columbia Building Industry Association (DCBIA), Maryland Building Industry Association (MBIA), the National Association of Industrial and Office Properties (NAIOP) and the Urban Land Institute (ULI).

Mr. Daniels is a member of the Truist Community Advisory Board serving the Washington DC & Baltimore Region and previously served on the Board of Directors of the University of Maryland Medical System (UMMS) Laurel Regional Hospital. Mr. Daniels also serves on the Board of Directors Community Youth Advance, Holy Trinity Episcopal Day School and the National Black MBA Greater Maryland Chapter.

A native of Prince George's County, Maryland, Mr. Daniels graduated with his B.B.A in Finance from Morehouse College and was a Horace Rackham Fellow at the Gerald R. Ford School of Public Policy at the University of Michigan.

Chris Massey

Managing Principal

Brennan Investment Group

Chris Massey is a Managing Principal of Brennan Investment Group. He is responsible for identifying and underwriting industrial property investments & developments throughout the mid-Atlantic and Northeastern United States and oversees all operations including management and leasing within the region. Mr. Massey has nearly 30 years of experience with over $4 billion of underwriting, acquisition, and asset management including loan workouts. Most recently, he was responsible for sourcing approximately $250 million of industrial, office, retail, and multifamily assets for a variety of clients at Magnolia Partners. Previously, he was Managing Director of Gladstone Commercial Corporation where he acquired $180 million of single-tenant office and industrial assets in multiple Midwest and mid-Atlantic markets, as well as Canada. Prior to Gladstone, Mr. Massey asset-managed a $400+ million, 3.3 million square feet portfolio of office and industrial properties in the Midwest and mid-Atlantic for Kennedy Associates Real Estate Counsel, now BentallGreenOak. Mr. Massey earned his Bachelor of Arts degree from Virginia Tech and is active in the local community through his support of several charitable and civic endeavors.

John Dettleff

Moderator

JLL

John Dettleff leads JLL's Metro DC Industrial Team. He and his four-person team have leading occupier representation and agency leasing market share throughout the entire Washington, DC metropolitan area. John also partners with JLL’s Industrial Capital Markets Group, coordinating debt, equity and investment sale solutions for his clients. Occupier clients include leading firms in the ecommerce, logistics and construction/infrastructure arenas. Investor clients include, Blackstone, Brookfield, Fundrise, Nuveen, Prologis and Open Industrial. John holds a Masters of Business Degree from Marymount University, Arlington, Virginia and two Bachelor of Arts degrees from Marymount University, Arlington, Virginia.

The Future of Industrial Development Activity

Learn how the Mid-Atlantic is keeping up with the latest development pipeline, tenant demand, design trends and other opportunities.

Danielle Schline

Danielle Schline

SVP, Investment Officer, Mid-Atlantic

Prologis

Jamie Minkler

Jamie Minkler

Managing Director, Acquisitions

Matan

Jamie Sweigart

Jamie Sweigart

Director

High Concrete Group

Andrew Hassett

Andrew Hassett

Vice President

Transwestern

Drew Enstice

Drew Enstice

VP

ARCO Design/Build

Owen Rouse
Moderator

Owen Rouse

VP

MacKenzie Commercial Real Estate Services

Danielle Schline

SVP, Investment Officer, Mid-Atlantic

Prologis

Danielle Schline is Senior Vice President, Investment Officer at Prologis, where she is responsible for deploying capital to expand and evolve the company’s Mid-Atlantic and Pennsylvania portfolios. Her focus includes the acquisition of buildings and land for future development to serve customer needs and the strategic redevelopment of assets for higher and better use. In this capacity, Danielle shapes these markets’ investment strategies to support long-term growth and sustainability.

Prior to her Investment Officer role, Danielle served as Senior Vice President, Market Officer for the Prologis Mid-Atlantic region. She oversaw all aspects of market operations, including leasing, property management, capital improvements, construction, disposition strategy, M&A integration, and team development. The Mid-Atlantic portfolio spans 19 million square feet, 335 customers, and a team of 21 employees across Maryland, Washington, D.C., and Virginia.

Danielle has served two terms on the board of the NAIOP Maryland chapter and is an active national forum member. Danielle holds a Bachelor of Arts in Economics from Hamilton College.

Jamie Minkler

Managing Director, Acquisitions

Matan

As Managing Director of Acquisitions, Jamie sets acquisitions strategy for the company, as well as sourcing and evaluating all potential acquisitions. From site selection to contract negotiations, through due diligence and entitlement, he manages the financial and administrative aspects of the acquisition process. With over a decade of experience, he leverages his knowledge of capital markets, financial analysis, and investor expectation to ensure that Matan continues to deliver exceptional risk-adjusted returns for both Matan’s high-net-worth and institutional investors.

Jamie joined Matan in 2015, initially serving as an Associate, building out Matan’s Asset Management and Development report process, designing and constructing models to ensure managers had accurate and dynamic tools to manage investments at both the asset and fund-reporting level.

Prior to Matan, Jamie worked as a Financial Analyst at both B.F. Saul Company and Northmarq Capital. Jamie earned his master’s degree in Professional Studies in Real Estate from Georgetown University with a concentration in Finance and his undergraduate degree from Randolph-Macon College in History. He is active in several organizations including DC Real Estate Group, the Urban Land Institute, and Georgetown University alumni groups.

Jamie Sweigart

Director

High Concrete Group

Jamie started his career in precast concrete at High Concrete Group over 23 years ago. He earned an Associates' Degree from York Technical Institute and furthered his education by earning a BS in Business from Albright College. He enjoys working with precast concrete because it is the most versatile product in the world. Precast concrete has the ability to turn your design dreams into a reality.

When Jamie is not working, he can be found on the golf course or spending time with his son.

Andrew Hassett

Vice President

Transwestern

Andrew provides tenant and landlord representation services for institutional, corporate, and private organizations throughout Northern Virginia, with a specialization in office, flex, and industrial properties.

Andrew joined Transwestern in 2015, and currently leases a portfolio of over 4.5 million-square-feet. His clients include Finmarc Management, The Peter Lawrence Companies, Klein Enterprises, Foulger-Pratt, Stockbridge, Rosenthal, HighBrook Investors, Pinkard Group, Black Chamber, and Keane Enterprises. Last year, he completed 120 transactions

totaling over 1.6 million-square-feet. Andrew has received the CoStar Power Broker Award the last three years (2019, 2020 & 2021).

Prior to joining Transwestern in 2015, Andrew worked for the Corporate Executive Board (CEB) in Arlington, Virginia, as a business development specialist for CEB’s Large Enterprise Technology practice where he managed the Midwest territory.

Andrew received his bachelor’s degree in business management at James Madison University in Harrisonburg, Virginia.

Drew Enstice

VP

ARCO Design/Build

As the Vice President (previously Director of Business Development) for ARCO Design/Build, Drew Enstice brings 15+ years of experience in the construction industry. With expertise in strategic and operational marketing and client relationships, Drew plays an integral role in driving ARCO’s new business opportunities in addition to finding solutions to the needs of future clients. He manages client relationships in Maryland, Virginia and Central Pennsylvania. Prior to joining ARCO in 2018, he spent 5.5 years as a project manager for Whiting-Turner in Baltimore followed by over 5 years of traveling to construction projects across the Northeast and Mid-Atlantic regions as a sales manager for Trimble. Drew graduated from Virginia Tech with a degree in Industrial Engineering.

Owen Rouse

Moderator

MacKenzie Commercial Real Estate Services

Owen joined MacKenzie Commercial Real Estate Services, LLC in 2019 as Vice President of Investment Sales, leading the firm’s investment sales team which specializes in the third-party acquisition and disposition of commercial real estate assets in the State of Maryland and surrounding region, and advises clients on investments strategies, value maximization, and stabilization.

Prior to joining MacKenzie, Rouse was affiliated with Manekin, LLC of Columbia, MD. He was recruited in 1995 to unwind Manekin’s position in institutional joint ventures which ultimately gave rise to a boutique investment sales platform. As Director of Manekin’s Investment Services practice, Rouse represented clients in the purchase and sale of investment real estate, site selection and assemblage, underwriting, and structuring transactions. Rouse then assumed the position of Director of Brokerage overseeing 22 brokers across three offices. He finally shifted his role with Manekin to Capital Markets, identifying and structuring potential projects – and the venture partners to fund them – as well as playing an active role in the strategy and direction of the firm. Rouse is active with area nonprofits including the Advisory Council for Stevenson University where he is currently serving as President; and, Habitat for Humanity of the Chesapeake. He has also served as President of CORFAC International, a national/global network of commercial real estate services organizations and former President of the local chapter of National Association of Office and Industrial Properties.

Opening Remarks

Mark Matan

Mark Matan

Principal

Matan Companies

Mark Matan

Principal

Matan Companies

As Managing Partner, Mark is responsible for all aspects of Matan Companies' operations and real estate holdings. He provides leadership, guidance, and vision to Matan’s seasoned executive management team. Mark began his career in real estate alongside his father at Fitzgerald & Matan, primarily working in commercial leasing and land sales. During the mid-1990’s Mark started acquiring commercial real estate on behalf of a small group of prominent investors, following the RTC crisis. With Mark as it’s leader and major investor, Matan grew exponentially. Mark still remains a significant investor in the company, sitting alongside that core group of original investors.

A native of Kensington, MD, Mark attended Gonzaga College High School in Washington D.C., later completing his undergraduate work at Georgetown University. Mark is a licensed real estate broker in the state of Maryland, as well as an active member in the community. As a strong supporter of catholic education, Mark has served as the President of the Board of Directors for the Visitation Academy and recently completed three terms on the Board of Directors for Gonzaga College High School.

What You'll Learn

  • In 2022, we saw more demand than supply within the industrial sector. How are developers and builders keeping up with high demand while still attracting tenants into these facilities? What are the current tenants’ needs and wants?

  • Site selection: Are there certain neighborhoods in the Mid-Atlantic getting more attention for industrial hubs than others? 

  • As e-commerce continues to boom across the nation, is the Mid-Atlantic region investing in automated material handling equipment? What does this mean for the region's labor force if we implement more of this technology?

  • How is the Mid-Atlantic incentivizing construction workers, contractors and infrastructure workers? Are there certain initiatives or programs being put in place to help increase labor?

  • Industrial Outdoor Storage: What is attracting tenants and investors to this asset class, especially within the Baltimore market? Who’s investing in this type of industrial property, local or outside players?

How You'll Do More Business: 

The Mid-Atlantic industrial market continues to keep up with the latest demand. According to JLL's Q3 2022 Industrial Insight report, the Washington D.C. Metro area saw a 16.8% year-over-year rent growth in industrial products. As we continue to see more demand than supply within this sector, developers, builders, and investors are needed to get creative on attracting tenants within the area. Join us as we discuss the latest developments, investments, innovations, warehouse types and more!

Who You’ll Meet: Top industrial owners and developers, investors, tenants and thought-leaders in the DMV industrial space.

For questions, recommendations, comments, press inquiries, or interest in sponsoring, please email our Mid-Atlantic Event Producer, Katie Telder, at katie.telder@bisnow.com

Notable Projects & Activity

Venue

700 PROGRESS WAY
700 & 750 Progress Way
Gaithersburg, MD 20879

Please note, this address does NOT pop up on Apple Maps. Please use Google Maps or Waze when imputing the address into your GPS.


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Agenda

Time Activity
1:00 PM
2:00 PM
Registration, Networking, and Breakfast
2:00 PM
2:45 PM
Investing in Mid-Atlantic's Industrial Real Estate

From the latest acquisitions to the newest players, how is the region planning for an influx of demand and vacancies, loans and finances, site selection, and much more!

2:45 PM
3:30 PM
The Future of Industrial Development Activity

Learn how the Mid-Atlantic is keeping up with the latest development pipeline, tenant demand, design trends and other opportunities.

3:30 PM
4:00 PM
Closing Networking