Kettler Inc.
| Company type | private |
|---|---|
| Industry | Real estate |
| Founded | 1977 |
| Founder | Robert C. Kettler |
| Headquarters | McLean, Virginia, United States |
Area served | Northeast, Southeast Region |
| Services | Development, Engineering, Property Management, Marketing, Asset Management |
| Website | www |
KETTLER is a company engaged in real estate development in the Washington, D.C. metropolitan area.
History
The company was founded in 1977 by Robert C. Kettler.[1]
In January 2014, the company announced plans to start construction on a 275-unit apartment complex just north of Rockville Town Square in Rockville, Maryland.[2]
In February 2014, the company formed a joint venture with PS Business Parks to redevelop an office property in Tysons Corner to an apartment building.[3] The company also acquired a site on Florida Avenue in Washington, D.C. for redevelopment into apartments.[4]
In March 2014, the company announced plans to develop Element 28, a 101-unit luxury high-rise in Bethesda, Maryland.[5]
In November 2014, the company sold an apartment complex in Mount Vernon Triangle for $106.5 million.[6]
In November 2015, the company submitted plans for its Market Terminal project, which features two residential buildings and an office building near Union Market.[7] In January 2017, the company re-submitted plans for the development.[8]
In April 2016, in partnership with Westbrook Partners, the company acquired the 257-unit The Flats at Atlas.[9]
In February 2017, a joint venture between the company and Federal Capital Partners sold a 404-unit apartment complex in Leesburg, Virginia to PNC Bank for $55.25 million.[10]
References
- ^ Goff, Karen (August 17, 2017). "40 years of Kettler: How a development icon changed with the times". American City Business Journals.
- ^ Sernovitz, Daniel J. (January 13, 2016). "Kettler, at long last, to break ground on Rockville apartment project". American City Business Journals.
- ^ Neibauer, Michael (February 14, 2014). "Kettler, PS Business Parks bid to redevelop Tysons Corner's West-Park". American City Business Journals.
- ^ Sernovitz, Daniel J. (February 19, 2014). "Kettler Inc. to develop Adams Morgan apartments". American City Business Journals.
- ^ Echols, Tucker (March 4, 2014). "Kettler gets funding, will start Bethesda luxe high-rise mid-year". American City Business Journals.
- ^ Clabaugh, Jeff (November 13, 2014). "Ogden CAP Properties buys Mt. Vernon Triangle apartment building for $107M". American City Business Journals.
- ^ Neibauer, Michael (November 2, 2015). "Kettler pitches massive Union Market-area development". American City Business Journals.
- ^ Banister, Jon (January 3, 2017). "Renderings Revealed: Kettler's Latest Submission For 800-Unit Market Terminal". Bisnow Media.
- ^ "The Flats at Atlas Sold to Kettler". CBRE. April 15, 2016.
- ^ Banister, Jon (February 2, 2017). "FCP, Kettler Sell Leesburg Apartments For $55M". Bisnow Media.