The Penrose Group
Real EstateVirginia, United States2-10 Employees
The Penrose Group, based in Tysons, Virginia, is a family of companies engaged in real estate development and strategic property management services. With more than 20 years in business, it focuses on land acquisition and development in Washington, D.C., and surrounding areas. Its portfolio has included apartments, master-planned communities, commercial offices, industrial properties, and mixed-use developments, with King Farm in Rockville, Maryland cited as a representative project. The firm has historically been a major land owner in the Washington, D.C. metro area, at one time the largest owner of contiguous land in the region. The company maintains a small team, employing between 2 and 10 people, and in 2018 completed asset sales to The Chevy Chase Land Company, including a boutique apartment building at 672 North Glebe Road in Ballston.