Business Details
50+ Years
experience
Commercial Real Estate Brokerage in Washington, DC
Founded in 1972 by Walter N. Propps, a SIOR-certified professional with a background in commercial real estate dating back to 1964, our firm has built a legacy of expertise in commercial and industrial property development, brokerage, and management. Over five decades, we have expanded from a two-person operation to a trusted partner in the DC Metro area, specializing in tailored solutions for warehouse, office, retail, and medical properties. Our in-house capabilities include constructing facilities to exact client specifications, supported by strategic partnerships for property management and leasing. We have served prominent clients such as GEICO Insurance, Orkin Pest Control, and Parsons Paper Company, delivering over 180,000 square feet of specialized warehouse space with rail access.Our team combines deep local market knowledge with a proven track record in complex transactions, including half a million square feet leased to the Government Printing Office and 1,000 acres adjacent to Dulles Airport. We maintain a diverse portfolio spanning industrial, flex, office, and retail properties, while extending our reach through partnerships like Statesboro Properties in Georgia. Our commitment to transparency, client-centric service, and adherence to SIOR standards underscores our reputation as a leader in commercial real estate. With a focus on long-term relationships and innovative problem-solving, we continue to meet evolving client needs across Maryland, Washington DC, and Virginia.
Services
Commercial Real Estate Brokerage
Property Development
Tenant Representation
Industrial Property Leasing
Retail Space Management
Office Building Sales
Medical Facility Brokerage
Warehouse Development
Flex Space Solutions
Land Acquisition
Details
- Year established: 1972
Highlights and features
- We have over 50 years of experience in commercial real estate brokerage and development.
- Our in-house construction capabilities ensure facilities built to exact client specifications.
- We maintain strategic partnerships for comprehensive property management and leasing services.
- Our client list includes major corporations like GEICO Insurance and Parsons Paper Company.
- Our founder was a SIOR-certified professional with a legacy of industry leadership.
Associations and certifications
- SIOR
Services
Commercial Real Estate Brokerage
We provide comprehensive brokerage services for commercial properties including office spaces, warehouses, and retail locations. Our team facilitates transactions for buyers, sellers, and tenants across the DC Metro area. With decades of market expertise, we negotiate optimal terms and leverage strategic partnerships to meet client needs.
Property Development
Our development services focus on constructing customized commercial facilities tailored to client specifications. This includes industrial parks, flex spaces, and specialized warehouses with features like rail access. We manage projects from concept through completion, ensuring alignment with client operational requirements.
Tenant Representation
We represent tenants in securing commercial spaces that match their business needs. Our services include market analysis, lease negotiations, and site selection for office, retail, and industrial properties. We maintain extensive local market knowledge to identify optimal locations for clients.
Industrial Property Leasing
We specialize in leasing industrial properties including warehouses, distribution centers, and manufacturing facilities. Our portfolio features spaces with specialized infrastructure like refrigeration systems and rail connections. We connect tenants with properties that support their logistics and operational requirements.
Retail Space Management
Our retail property management services include tenant coordination, lease administration, and facility maintenance. We manage diverse retail assets from single storefronts to multi-tenant shopping centers. Our approach focuses on maximizing property value while maintaining tenant satisfaction.
People
Walter N. Propps
Founder
SIOR-certified professional with 50+ years in commercial real estate. Developed landmark properties including Parsons Paper Company's 180,000 sq ft warehouse. Inducted into Washington DC SIOR. Served as Monument Bank advisory director.
Nick Propps
President
Joined firm in late 1990s, expanding property portfolio and team capabilities. Oversees strategic direction and major transactions. Maintains client relationships with corporations like GEICO and Orkin Pest Control.
Jim Miers
Leasing Agent
Handles Prince George's County property leasing through NAI Michael Companies. Manages tenant relationships and lease negotiations for industrial and commercial spaces in southern Maryland.
Jack Ross
Leasing Agent
Specializes in Montgomery County property leasing through Ross Property Group. Focuses on office and retail space transactions. Provides market insights for clients in northern Virginia and Maryland.
Questions
What commercial real estate services do you offer?
We provide brokerage, development, and management services for office, warehouse, retail, and medical properties across the DC Metro area and Georgia.
How long has Commercial Brokers been in business?
We've served clients since 1972, with over 50 years of combined experience in commercial real estate development and brokerage.
What areas do you serve?
Our primary service areas include Montgomery, Prince George's, and Charles Counties in Maryland, plus Statesboro, Georgia for Southeast region clients.
Can you help with industrial property leasing?
Yes, we specialize in industrial leasing including warehouses with specialized infrastructure like refrigeration systems and rail access.
