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KLNB To Open Loudoun Office

BALTIMORE, MD-Ten executives from a Madison Marquette affiliate have joined the firm with plans to focus on retail transactions.

By Erika Morphy | Updated on November 03, 2006

BALTIMORE,MD-Ten employees have joined KLNB LLC from Madison Retail Group, an affiliate of Madison Marquette. They will help the full service commercial real estate firm establish a new regional office in Loudoun County, Va., next year. The employees will focus on the retail sector.

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.”

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