MetCap Launches New Retail Team With Hire From NREB

MetCap's Andy Hotchkiss and Cliff Mendelson.
Photo credit: Courtesy of MetCap
Metcap's Andy Hotchkiss And Cliff Mendelson.

The retail industry has faced a myriad of challenges this year, from coronavirus pandemic-related closures to the continued rise of e-commerce, but one D.C.-area brokerage firm is looking to enter the fray.

Metropolis Capital Advisors tells Bisnow it is launching a new retail team with the hiring of Andy Hotchkiss as managing director.

Hotchkiss was previously a principal at NREB, a Bethesda-based retail brokerage firm where he spent the last 17 years, according to his LinkedIn page. He has represented tenants and landlords in hundreds of retail leasing and sales deals totaling nearly 1M SF. His past clients include Aldi, Wendy's, Burger King, 7-Eleven, Taco Bell and Blaze Pizza.

"I'm very excited to join such a well-known and dynamic team of real estate experts," Hotchkiss said in a statement. "This change will allow me to expand my business and bring value to a larger set of clients."

As the leader of the Metropolis Retail team, he will continue to work with tenants and landlords on leasing and sales transactions. MetCap, a Chevy Chase-based capital markets brokerage firm founded in 2009 by Cliff Mendelson, has financed or sold over $8B in commercial real estate.

"Given the fast-changing landscape of the retail environment pre- and post-COVID, Andy's skill set will greatly enhance MetCap's value to its clients," Mendelson said in a statement.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Forget Buildings, Retailers Are Leasing Environments

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Immigration Crackdowns Dealt LA Businesses A Multimillion‑Dollar Blow

Mamdani Adds Millions To Program Helping Retailers Negotiate With Landlords

Montgomery County Approves 18-Month Data Center Moratorium

With New $250M Deal, Elme Is Fully Set To Liquidate

Simpson Thacher Appears In Talks For What Could Be One Of D.C.'s Largest Office Leases In 2026

Hines Nabs 4 Prince William Housing Sites: The D.C. Deal Sheet

AvalonBay Sells 217-Unit Community Next To Greensboro Metro