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 35+ 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.

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 one of the largest owners of contiguous land in the Washington, D.C., metro area. Representative projects include the master-planned, mixed-use community King Farm in Rockville,  Maryland; Park Crest in Tyson’s Corner; and Gateway Center in Columbia, Maryland, as well as commercial offices, apartment buildings, warehouses and hotels throughout the Washington, D.C., metro area.

Meet Our Team