Company Research Report: Rappaport
Company Overview
- Name: Rappaport
- Mission: No information is available.
- Founded: May 31, 1984
- Founder: Gary D. Rappaport
- Key People:
- Gary D. Rappaport, CRRP, Chief Executive Officer
- Henry Fonvielle, President
- Steve Carboni, Chief Operating Officer
- Frank Pieruccini, CPA, Chief Financial Officer
- Larry Spott, CRRP, Executive Vice President
- Headquarters: 8405 Greensboro Drive, 8th Floor, McLean, VA 22102
- Number of Employees: Over 100
- Revenue: No information is available.
- Known For: Rappaport is recognized as one of the largest and most respected retail real estate firms in the Washington, D.C. Metro area, with considerable expertise in leasing, tenant representation, property management, and development.
Products and Services
- Products and Services Offered:
- Landlord Representation
- Tenant Representation
- Property Management
- Development & Construction
- Marketing
- Investment Sales
- Private Equity Investments
- Description:
Rappaport offers a comprehensive suite of services tailored for the retail real estate market in the Washington, D.C. area. These services foster community development through a focus on strategic leasing, property management, and investment management.
- Key Features:
- Landlord Representation: Ensuring property owners gain maximum return on investment.
- Tenant Representation: Assisting tenants in finding optimal locations for business success.
- Property Management: Providing full-scale management to enhance property value.
- Development & Construction: Offering construction and redevelopment services.
- Marketing: Implementing targeted marketing strategies to attract tenants.
- Investment Sales: Managing sales to optimize client investment returns.
- Private Equity Investments: Partnering with institutional and private investors for real estate ventures.
Recent Developments
- Key Developments:
- November 1, 2024: Steve Pugh, former COO, returns to the National Automobile Dealers Association, and Steve Carboni is appointed as the new COO.
- October 29, 2024: Rappaport sponsors the "Girls Rule the Court" program with USTA Mid-Atlantic Foundation to promote young girls' involvement in tennis.
- October 21, 2024: Aldi is announced as a new tenant at Rappaport’s Avec on H Street NE, after Amazon paused its national grocery plans.
- New Products Launched: No information is available.
- New Features Added to Existing Products: No information is available.
- New Partnerships: Partnerships include collaboration with WC Smith for developments and tenant acquisitions such as Aldi at Avec on H Street NE.
Conclusion
Rappaport has firmly positioned itself as a leader in the retail real estate market within the Greater Washington D.C. area. With its foundation built on integrity and expertise, Rappaport continues to evolve by adapting to market conditions and fostering community relations through strategic investments and partnerships.
