MetCap Brings On Broker From Menkiti Group To Lead Investment Sales Team
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Chevy Chase-based Metropolis Capital Advisors is growing its capital markets team with a new hire from a local development firm.
Rob Foa is joining MetCap from the Menkiti Group. As managing director, Foa will lead the firm's investment sales platform.
During his three years with the Menkiti Group, Foa worked on retail, office and industrial acquisition and leasing deals as managing director with its commercial business unit, MG Commercial. The deals he worked on included the acquisition and repositioning of a Woodridge industrial building that MG leased to D.C. Parks and Recreation, the site acquisition and build-to-suit development of a Ward 8 charter school and the acquisition of a Fairfax office building.
“I have long admired Rob’s work ethic and skill set from early in his career at Transwestern to present," MetCap CEO Cliff Mendelson said in a release. "We are extremely excited about what he brings to the MetCap team.”
MetCap spun off from The Goldstar Group in January 2016 when Mendelson teamed up with former Transwestern exec Joe Friedman to launch the firm. The firm brought on Eric Ross as president of capital markets in September 2017. Friedman left MetCap earlier this year, along with Kelly Lawrence, to join Edge Commercial Real Estate.
Since its founding, MetCap has closed at least 32 investment sales deals, largely in the D.C. suburbs. Its transactions include the $14.5M sale of a Rockville retail and industrial center, the $9.2M sale of a Gaithersburg industrial property and the $5.3M sale of a Manassas retail center.