Our Track Record
MGP has acquired or developed a total of 11.0 million square feet and currently maintains a portfolio of approximately 3.0 million square feet. The development, acquisition and management experience of MGP is fundamentally routed in the development background of the principals augmented by legal and accounting expertise. MGP has consistently demonstrated an ability to execute transactions and create meaningful value for its investors and its principals who are motivated co-investors in all transactions.
MGP has acted as a principal and as a managing member on approximately 60 acquisition, development and re-development transactions. The firm has built its track record by providing competitive advantages through its:
Focused and consistent strategy
The Washington, DC area remains attractive for acquisition due to several fundamental factors. First, the regional economy remains strong due to the significant presence of the U.S. Government and demand for office, flex and industrial space results in continued strong absorption in most sub-markets. Second, the economic stimulus and related recovery is expected to continue to gain traction, with vacancy rates decreasing and rental rates increasing.
MGP has created value for its lenders and equity partners through its strong local relationships and intimate understanding of a variety of product types and sub-market dynamics. The firm is poised to continue to identify opportunity and create significant value for investors just as it has done for its 30-year history.