Built on a Foundation of Success

The Penrose Group consists of a family of companies that engage in real estate development and provide strategic property management services. During its 20+ years in business, the company has amassed an impressive portfolio that has included apartments, master-planned communities, commercial offices, industrial and mixed-use developments. Under the direction of founder Mark W. Gregg, The Penrose Group has focused on land acquisition and development in Washington, D.C., and surrounding areas.

During its time in business, The Penrose Group has been involved in a number of real estate and development deals in the Mid-Atlantic region. At one time, The Penrose Group was the largest owner of contiguous land in the Washington, D.C., metro area. Representative projects include the master-planned, mixed-use community King Farm in Rockville, Maryland, as well as commercial offices, apartment buildings, warehouses and hotels throughout the Washington, D.C., metro area.

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