Business Details
50+ Years
experience
Commercial Real Estate Brokerage & Property Development Experts
Established in 1972 by Walter N. Propps, a distinguished SIOR member and CPA, our firm has evolved from a two-person brokerage to a full-service commercial real estate enterprise. We specialize in development, leasing, management, and brokerage of industrial, flex, office, and retail properties across the Washington DC Metro area, with strategic partnerships in Georgia. Our in-house construction expertise enables tailored facility development, demonstrated by landmark projects like Parsons Paper Company's 180,000 sq. ft. rail-served warehouse and Kolker Poultry's refrigerated processing facility.With over five decades of experience, we represent both emerging and established clients such as GEICO Insurance and Orkin Pest Control, leveraging our local market expertise in Montgomery, Prince George's, and Charles Counties. Our commitment to industry excellence is reflected through decades-long SIOR membership and advisory roles at Monument Bank, while our property portfolio continues to expand through strategic acquisitions and partnerships.
Services
Commercial Leasing
Property Development
Tenant Representation
Project Management
Industrial Real Estate
Retail Space Brokerage
Office Property Management
Land Acquisition
Facility Construction
Real Estate Consulting
Details
- Year established: 1972
Highlights and features
- 50+ years of commercial real estate expertise in DC Metro market
- In-house construction capabilities for customized facility development
- Affiliation with SIOR, the premier industrial and office real estate organization
- Proven track record with major clients like Orkin and GEICO
- Strategic regional partnerships for expanded market coverage
Associations and certifications
- SIOR (Society of Industrial and Office Realtors)
Services
Commercial Leasing
We provide comprehensive commercial leasing services for office, industrial, and retail properties across the DC Metro region. Our expertise in tenant representation, lease negotiations, and market analysis ensures clients secure optimal space solutions that align with business objectives while maintaining competitive pricing structures.
Property Development
Our in-house development team specializes in constructing customized commercial facilities, including refrigerated warehouses, rail-served distribution centers, and multi-tenant complexes. With proven experience in site selection, permitting, and project management, we deliver tailored developments that maximize ROI while meeting clients' operational requirements.
Tenant Representation
We offer dedicated tenant representation services for businesses seeking commercial spaces, combining in-depth market knowledge with strategic lease negotiation skills. Our process includes site analysis, financial modeling, and lease term optimization to secure favorable terms while minimizing occupancy costs in competitive markets.
Industrial Real Estate
Specializing in industrial properties, we handle distribution centers, manufacturing facilities, and logistics hubs with expertise in rail-served properties and cold storage warehouses. Our services include site selection, lease/purchase advisory, and development of mission-critical industrial assets for major corporations nationwide.
Project Management
We provide end-to-end project management for commercial developments and tenant build-outs, coordinating design, construction, and regulatory compliance processes. Our team ensures timely execution within budget parameters while maintaining quality standards for clients requiring complex facility modifications across various property types.
People
Walter N. Propps
Founder
A SIOR member and CPA, Walter founded Commercial Brokers in 1972 after a career with Shannon & Luchs Company. He pioneered industrial real estate transactions in DC, including landmark deals for the Government Printing Office and Dulles Airport land development.
Nick Propps
Principal
Nick rejoined Commercial Brokers in the late 1990s, expanding the company's portfolio through strategic acquisitions and property management partnerships. He oversees sales and leasing operations as the primary contact for clients across the DC Metro region.
Jim Miers
Regional Contact
Representing Commercial Brokers in Prince George's County, Jim provides local market expertise through his affiliation with NAI Michael Companies. He brings over 20 years of experience in commercial leasing and tenant representation within the greater Washington area.
Jack Ross
Regional Contact
As Montgomery County representative through Ross Property Group, Jack offers specialized knowledge of the Northern Virginia and Metro West markets with a focus on corporate real estate solutions for major institutional and commercial clients.
Questions
What areas do Commercial Brokers LLC serve?
We primarily serve Montgomery, Prince George's, and Charles Counties in Maryland, the Washington DC Metro area, and have partnership coverage in Statesboro, Georgia.
What types of properties does Commercial Brokers handle?
We specialize in industrial, office, retail, medical, and flex properties including warehouses, distribution centers, business parks, and commercial land development.
What services does Commercial Brokers offer to tenants?
We provide tenant representation for retail, office, and industrial spaces with expertise in lease negotiations, site selection, and space planning.
Can Commercial Brokers assist with property development?
Yes, our in-house development team handles ground-up construction of customized facilities with experience in refrigerated warehouses, rail-served distribution centers, and multi-tenant complexes.
Does Commercial Brokers have industry affiliations?
We maintain SIOR membership, the premier global organization for industrial and office real estate professionals, reflecting our commitment to industry excellence.
