The Wilkes Company

What The Wilkes Company does

The Wilkes Company is a privately held, founder-owned real estate development and property management firm headquartered in Washington, DC. Founded in 1980 by Charles C. (Sandy) Wilkes after he practiced land use and zoning law, the firm focuses on transit-oriented mixed-use projects, hotels, shopping centers, and industrial facilities across the District of Columbia and surrounding counties in Maryland and Northern Virginia (Fairfax, Prince George's, Calvert, St. Mary's, and Prince William). Its core product is ground-up mixed-use development, executed through long-cycle site assembly, entitlement, master-planning, and construction, alongside a recurring-revenue property management book. Strategic concentration is unusually deep in a single submarket: the Mount Vernon Triangle neighborhood of DC, where Wilkes — primarily through a long-standing co-development partnership with Quadrangle Development Corporation — has built Mount Vernon Place, a 2.1 million square foot, ten-building project comprising roughly 1 million sq ft of office and retail and 1.1 million sq ft of residential across 1,000+ units (including The Lyric, The Lydian, The Cantata, The Crosby rental buildings and the Madrigal Lofts and Sonata condo projects). Anchor office clients include the AIPAC headquarters and the DC Bar (occupying a 110,000 sq ft building at 901 Fourth Street, NW). Beyond Mount Vernon Place, the firm operates 30+ commercial and industrial properties totaling 1 million sq ft under management and holds multiple Extra Space self-storage facilities plus 1M+ sq ft of warehouse distribution space leased to national tenants (McDonald's, AutoZone, Ourisman, Penske, Compass Coffee, Tag B Parking). Active pipeline includes a planned 120-unit residential building in Brookland (DC) and a 130,000 sq ft office building at 525 Rhode Island Avenue near the Metro.

Name

The Wilkes Company

Legal name

The Wilkes Company

Website

https://thewilkescompany.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

The Wilkes Company is a privately held Washington, DC-based real estate developer and property manager focused on transit-oriented mixed-use, residential, and commercial projects across the DC metropolitan area, with a 2.1 million sq foot master development at Mount Vernon Place.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate and Rental and Leasing (53), Real Estate Property Managers (53131)

SIC

Operative Builders (1531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Regional Hub / National Hub Distribution Centers (Multi-node Network Hubs) (TLALAEAN)

Keywords

• Real estate development
• Mixed-use development
• Transit-oriented development
• Commercial leasing
• Property management

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: The company develops transit-oriented mixed-use projects, hotels, shopping centers, and industrial facilities. Revenue is generated through the sale or lease of developed properties including office buildings and residential units.
2. Property Leasing: The company leases commercial, industrial, and retail space to national, regional, and local tenants. Properties include warehouse distribution space, office buildings, and retail locations in transit-oriented areas throughout the Washington, DC metropolitan region.
3. Property Management: The company manages 30 commercial and industrial properties totaling 1 million square feet across Washington, DC, Montgomery County, Anne Arundel County, and Prince George's County. Services include tenant management and property administration.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

The Wilkes Company is a Washington, DC-based real estate development firm that develops, owns, and leases transit-oriented mixed-use properties including office buildings, luxury apartment communities, retail space, warehouse distribution facilities, self-storage facilities, and hotels. The company also provides property management services for 30 commercial and industrial properties totaling 1 million square feet across the DC metropolitan area.

Product overview

The Wilkes Company is a real estate development company offering transit-oriented mixed-use developments, residential properties, and commercial buildings in the Washington, DC metropolitan area. The company's portfolio includes completed projects such as Mount Vernon Place (a 2.1 million sq ft mixed-use development), residential buildings (The Cantata, The Lyric, The Lydian, The Crosby), office buildings (DC Bar Headquarters, AIPAC headquarters), and planned developments (525 Rhode Island Avenue). The company also maintains warehouse distribution space and self-storage facilities throughout the region.

Differentiator

Problem solved

Functional benefit

Products and services

• Mount Vernon Place A 2.1 million square foot transit-oriented mixed-use project in Mount Vernon Triangle comprising approximately 1 million square feet of office and retail space and 1.1 million square feet of residential space across ten buildings, including a residential enclave of 1,000+ units. Developed in partnership with Quadrangle Development Corporation.
• The Cantata at 801 Third Street A 275-unit residential building with ground floor retail in Mount Vernon Triangle, featuring fitness center, rooftop swimming pool, entertainment areas, and Capitol views. Co-developed with Mount Carmel Baptist Church and designed by SmithGroup JJR.
• The Lyric at 440 K Street A 14-story, 234-unit luxury apartment building with 9,500 square feet of retail space, featuring a pool, club room, and fitness center. Part of the Mount Vernon Place mixed-use development.
• The Lydian at 400 K Street A luxury apartment building with 324 units and 13,410 square feet of restaurant and retail space, featuring a rooftop pool with cabanas, fitness center, and underground parking.
• The Crosby at 300 K Street A 14-story, 302-unit luxury apartment building featuring studios to two-bedroom units with dens, fitness center, co-working space, dog spa, rooftop pool deck, and ground floor retail.
• DC Bar Headquarters at 901 Fourth Street A 110,000 square foot office building with 5,000 square feet of retail space, featuring a conference center and rooftop terrace. Headquartered tenant is the DC Bar.
• 525 Rhode Island Avenue A planned 130,000 square foot first-class office building with on-site parking, designed by Hartman-Cox Architects, located near the Rhode Island Ave-Brentwood Metro Station in the Eckington neighborhood.
• Commercial and Industrial Property Management Ongoing property management services for 30 commercial and industrial properties totaling 1 million square feet across Washington, DC, Montgomery County, Anne Arundel County, and Prince George's County. Services include tenant management and property administration, overseen by VP of Leasing and Property Management Mark W. Payne.

Quantifiable outcome

• 2.1 million square feet of mixed-use development completed at Mount Vernon Place
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core, major and minor.

• Quadrangle Development CorporationcoreStrategic or Co-development PartnerLong-term co-development partnership for major projects including Mount Vernon Place, a 2.1 million square foot mixed-use development in the Mount Vernon Triangle neighborhood of Washington, DC. The partnership has developed multiple office buildings (AIPAC headquarters, DC Bar headquarters) and residential projects (The Lyric, The Lydian, The Cantata, The Crosby).
• Mount Carmel Baptist ChurchmajorStrategic or Co-development PartnerCo-development partner for The Cantata at 801 Third Street, a 275-unit residential building with ground floor retail in Mount Vernon Triangle. The development includes parking for the church.
• Coakley & WilliamsminorStrategic or Co-development PartnerCo-development partner for the historic Henley Park Hotel on Massachusetts Avenue, NW, a notable renovation project in Washington, DC.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JBG SMITH Properties: Public REIT focused on mixed-use development in the Washington, DC metropolitan area, particularly in the National Landing and other transit-oriented submarkets. Larger and more institutional than Wilkes, with substantial overlap in transit-oriented mixed-use development.
• Boston Properties: National publicly-traded office REIT with a significant Washington, DC presence including trophy office assets near Metro. Comparable to Wilkes on the Class A office development and ownership side, though at much larger institutional scale.
• Brookfield Property Partners: Global real estate investor and operator with significant office, multifamily, and mixed-use holdings in major US markets including Washington, DC. Comparable in mixed-use development orientation but at vastly larger, institutional scale than Wilkes.
• Vornado Realty Trust: Large public REIT with a major office portfolio concentrated in the Washington, DC and New York markets. Overlaps with Wilkes on DC office leasing (e.g., DC Bar, AIPAC-style headquarters tenants) and trophy asset ownership but at vastly greater scale.

Direct peers

• Douglas Development Corporation: One of the largest privately-held real estate developers in Washington, DC, with a portfolio spanning office, retail, residential, and industrial assets across the DC metro. Closely comparable to Wilkes in product mix, scale, and DC-centric strategy, though with a larger footprint.
• Akridge: Full-service commercial real estate firm headquartered in Washington, DC, with a portfolio of Class A office, multifamily, and mixed-use properties. Comparable DC-centric focus and similar scale to Wilkes, with overlap in office leasing and mixed-use development.
• Bozzuto Group: DC-area real estate company specializing in multifamily development, construction, and property management across the Mid-Atlantic. Comparable to Wilkes on the residential/multifamily side, with overlapping geography and a similar integrated develop-and-manage model.
• PN Hoffman: Washington, DC-based developer of mixed-use, residential, and commercial projects including The Wharf and other large-scale neighborhoods. Closely comparable in product type (mixed-use, design excellence) and DC focus.
• EastBanc Inc. Washington, DC-based developer focused on neighborhood-scale mixed-use and commercial projects, including the CityCenterDC project and various transit-oriented developments. Comparable in product type, neighborhood-driven approach, and DC focus.
• Quadrangle Development Corporation: Quadrangle is The Wilkes Company's co-development partner on Mount Vernon Place and shares a focus on mixed-use, design-driven development in Washington, DC. Most directly comparable peer given the long-standing joint venture and overlapping product type (office, residential, mixed-use) and geography.

Market position

Strengths5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-wilkes-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Wilkes Company