Co-Founder & Chief Executive OfficerRead more
Doug, along with colleague Brian Katz, founded AREP in 2003 with the principal mission to acquire, develop and invest in office, data center, industrial, and residential real estate throughout the East Coast. Since he co-founded AREP, Doug, together with Brian Katz, has deployed more than $5.3 billion across targeted geographies and acquired over 21 million square feet of Class-A real estate 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 50 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. As a sought-after subject matter expert, Doug is a frequent speaker on real estate topics, both locally and nationally, and has taught real estate strategy at several business schools. He currently serves on the Advisory Council to the Korean International Trade Association advising on real estate investment matters for the association.