Madison Marquette
 | |
| Industry | Real estate investment trusts |
|---|---|
| Genre | |
| Founded | 1992 |
| Headquarters | Washington, D.C, U.S. |
Number of locations | 63 |
Number of employees | 221 |
| Website |
madisonmarquette |
Madison Marquette Real Estate Services is a Washington D.C.-based investor, developer and operator of retail and mixed-use real estate.[1] Madison Marquette is one of the fastest growing real-estate companies in the US.[2]
Madison Marquette has offices in New York, Philadelphia, Charlotte, San Francisco, Los Angeles, Seattle, San Diego and Fort Lauderdale, as well as overseas, with more than 23 million sq. ft. of retail, lifestyle and mixed-use space across 63 different properties.[3] It manages various commercial, residential and entertainment properties. Its clients are concentrated in metropolitan areas on the East and West Coasts; California, Florida, and New Jersey being its primary markets. The company also performs development and management services, while tenant representation and leasing are handled by its Madison Retail Group affiliate.[4]
Madison Marquette Real Estate Services is privately owned[5] and currently has more than 220 employees.
It is also the publisher of the retail real estate industry magazine "PLACES Magazine."[6]
History
Madison Realty Partnership was founded in 1992 in Washington D.C. as a niche retail developer by Capital Guidance investment firm. In 1995, Madison Realty Partnership acquired and merged with Minneapolis-based property management firm Marquette Partners to create Madison Marquette. In 1997, it became Madison Marquette Retail Services, adding property management, leasing capabilities, marketing and property development to its services offered.[7]
In 2002, Madison Marquette established its national headquarters in Washington D.C. In recent years, Madison Marquette has acquired and merged with commercial real estate partners including Capital Growth Properties,[8] Hollis & Associates,[9] and more.
Recent acquisitions and projects include Mercato in Naples, Florida; The Wharf in Washington D.C.[10] which will include a lighting overhaul of the Case Bridge;[11] and the purchase of Pacific Place in Seattle, Washington.[12] Recent repositioning of centers includes the rebranding of University Mall in Chapel Hill, North Carolina to University Place.[13][14]
References
- ↑ "Madison Marquette Services". Madison Marquette. Retrieved 26 March 2015.
- ↑ Hazel, Debra (May 2013). "Growing on All Fronts". Chain Store Age: 54. Retrieved 26 March 2015.
- ↑ "Portfolio - Madison Marquette". Retrieved 2015-06-23.
- ↑ "MADISON MARQUETTE REALTY Company Information". Hoovers. Retrieved 18 June 2015.
- ↑ "Madison Marquette Announces First Acquisition for Major New Investment Vehicle". Retrieved 26 March 2015.
- ↑ "Welcoming PLACES". PLACES Magazine. Madison Marquette. Retrieved 15 June 2015.
- ↑ BROGAN, JOSEPH A. "Historic Transformation To Record Breaking Transaction". Foster Pepper.
- ↑ staff.writer. "Capital Growth, Madison Marquette merge". Finance & Commerce. Retrieved 29 April 2015.
- ↑ Deyoung, Doug. "Madison Buys Hollis". Minneapolis/St. Paul Business Journal. Retrieved 29 April 2015.
- ↑ Neibauer, Michael. "Deal of the Year: The Wharf (Video)". Washington Business Journal. Retrieved 15 June 2015.
- ↑ Neibauer, Michael. "It's time to light the lights: Case Bridge to be illuminated as part of The Wharf project". Washington Business Journal. Retrieved 15 June 2015.
- ↑ Stiles, Marc. "D.C. developer scoops up Seattle's Pacific Place mall for $271 million". Puget Sound Business Journal. Retrieved 15 June 2015.
- ↑ "University Mall continues its rebranding efforts with new name, University Place". dailytarheel.com. Retrieved 15 June 2015.
- ↑ Hoyle, Amanda; Lieth, Angelica. "ICSC, Madison Marquette talk University Place developments". Triangle Business Journal. Retrieved 15 June 2015.