Douglas Fleit

Co-Founder & Chief Executive Officer

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Doug, along with colleague Brian Katz, founded AREP in 2003 to acquire, develop and invest in primarily office assets in the Mid-Atlantic region of the United States. Since he co-founded AREP, Doug, together with Brian Katz, has acquired more than $3.5 billion in real estate transactions representing approximately 16 million square feet in six States and the District of Columbia. Doug has a diverse and extensive background spanning a multitude of areas including development, acquisition, disposition, financing and leasing, totaling more than 40 million square feet of transactions throughout his career. Prior to founding AREP, Doug spent 22 years with Cushman & Wakefield’s (C&W), co-founding its Washington DC operation in 1981 and serving in various senior roles as an Executive Vice President, growing the C&W regional operation to $50M in annual revenues. While at C&W, he was consistently recognized as one of the company’s top brokers in Nation, was a member of the National Board of Advisors and served on the National Arbitration Committee for the Eastern United States. Prior to 1981, Doug worked for a Netherlands funded DC based development firm, Savage Fogarty, on their development of office and mixed-use properties.

Doug holds a Bachelor of Science degree in Psychology/Neurochemistry from the University of New Hampshire.

Doug has served on both institutional boards for local companies in Washington DC as well as local charities. He has been a frequent speaker on real estate topics and has given classes to real estate business schools. He currently serves on the Advisory Council to the Korean International Trade Association advising on real estate investment matters for the association.