July 26, 2014 6:32 AM ET

Real Estate Management and Development

Company Overview of Heritage Properties, Inc.

Company Overview

Heritage Properties, Inc. is a commercial real estate development and management company. It develops suburban office buildings. Heritage Properties also offers site selection, design, and construction; marketing and leasing; and finance, accounting, and asset management services. The company has its properties in Towson, Baltimore, and Harford, Maryland; and North Carolina. Heritage Properties was founded in 1986 and is headquartered in Towson, Maryland.

501 Fairmount Avenue

Suite 300

Towson, MD 21286

United States

Founded in 1986





Key Executives for Heritage Properties, Inc.

Chairman of the Board and Chief Executive Officer
President and Chief Operating Officer
Vice President of Finance
Director of Development
Vice President of Design and Construction
Compensation as of Fiscal Year 2014.

Heritage Properties, Inc. Key Developments

Heritage Ropes In Greysteel To Market Retail Centers

Heritage Properties, Inc. has roped in Greysteel Company, LLC to market Joppa-Perring Retail Center on East Joppa Road in Parkville and for a 117,354 square-foot building on Wholesale Club Drive in White Marsh. Greysteel will also be the exclusive agent for White Marsh Retail Center on Wholesale Club Drive.

Heritage Properties Seeks To Sell Fielder Square

Heritage Properties, Inc. hired Jones Lang LaSalle's Southeast Multifamily Investment Sales Group to sell Fielder Square. Sources expect the transaction value about $40 million to $45 million. Jones Lang LaSalle Senior Vice President Vince Lefler, Managing Director Derrick Bloom, Managing Director David Gutting and associate Christie Hawver are marketing Fielder Square. "The new owner will be well positioned to implement a property-wide upgrade program to capture the proven rent growth, boosting gross potential income over $850,000 annually," said Vince Lefler.

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