Newcomers Cary Judd, Dallon Cheney, Matt Locraft and Melissa Welch are joining as principals. Craig Cheney, Ben Becker, Darcy Niles and Julie Cyphers are joining as real estate brokers. There are also two support staff and administrative personnel coming with the group as well.
The group says there are no hard feelings with Madison Marquette. "As a result of changing business models within our former organization, the Northern Virginia team's move to KLNB represents our best opportunity to pursue the type of retail transactions that play to our strengths," says Dallon Cheney, in a statement. "This parting was on extremely amicable terms and we plan on maintaining a strong business relationship with the executives of Madison Marquette in the future."
The new employees as well as other staff will be operating out of a new regional office the company plans to open next year in Loudoun.
The group represents such retailers as Harris Teeter, Home Depot, McDonald's, Havertys Furniture, California Tortilla, Thomasville Home Furnishings, The UPS Store, Domino's Pizza, The Little Gym, Dunkin Donuts and Cingular. KLNB already has four offices in the area, including Towson, MD; Baltimore City, MD; Columbia, MD and Vienna, Va.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
