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Currently completing its third decade of operation, Quadrangle Development Corporation is one of Washington's largest full-service commercial real estate developers. Quadrangle's business focus is on the development, ownership, and operation of investment-grade commercial and residential properties in Washington, DC, Virginia, and Maryland. The company is particularly proud of its "top- drawer" reputation with partners, lenders and tenants, and for the quality of its projects, which have won numerous awards.

Founded in 1971, Quadrangle has grown steadily, establishing various subsidiary entities that hold the company's real estate operations and investments. Through various affiliates, Quadrangle also provides asset management, leasing, property management, personnel and parking management for properties the company owns for its account or operates for others.

Since completing its first project 30 years ago, and for 3 decades, Quadrangle has built or acquired 38 separate buildings aggregating 11.3 million square feet at $2.8 billion in cost. These include build-to-suit facilities, downtown mixed-isle complexes; multi-phase suburban office parks; freestanding office buildings, hotels and apartment complexes; and single-family subdivisions.

In terms of current activities, Quadrangle is an active buyer and builder. Over the past two years, the company has purchased $320 million worth of property, consisting of eight office buildings totaling 2.1 million square feet. The company continues to have a vigorous acquisition program. In addition, Quadrangle has 10 new buildings in various states of development, totaling 2.8 million square feet with total cost of approximately $515 million. These include a downtown office building; six office buildings in the Washington suburbs; a 500-lot residential subdivision; an apartment building; and two hotels.