RevereCRE

Harmar Thompson

LCOR

Executive Vice President and Principal

Job Functions: Acquisitions & Dispositions

Bio

Mr. Thompson is Executive Vice President and Principal of LCOR with responsibility for sourcing and implementing new development and redevelopment opportunities in the Greater Washington Metropolitan region. With more than 23 years in the commercial real estate industry, his expertise encompasses a full spectrum of real estate activities including asset management, acquisitions, joint venture structuring, redevelopment/ground-up development, consulting, debt restructuring, and project financing for a full range of commercial property types. Prior to joining LCOR, Mr. Thompson was a Senior Vice President at Lowe Enterprises where he co-managed the Washington DC area office and directed the successful acquisition and implementation of the company’s East Coast real estate activities. While at Lowe, he was responsible for closing acquisitions totaling over $940 million in gross asset value. Significant projects in which Mr. Thompson was involved include the acquisition of the Hilton Washington, one of the largest investments in Lowe’s 35-year history with a final gross investment estimated at $550 million. The project included the $296 million acquisition of a 1,100-key hotel, $110 million renovation, $40 million creation of new meeting space, and the entitlement of 240,000 square feet of residential development with an anticipated project budget of $100 million. Mr. Thompson also led the acquisition and implementation of a 1.2 million square foot office and retail portfolio in Crystal City, which included a $92 million repositioning of a 308,000 square foot Class B office building into a Class A office property. Other mixed-use projects include Chevy Chase Pavilion (503,000 square feet of hotel, retail, and office space) and The Dakotas (900,000 square feet phased transit-oriented development, including grocery-anchored retail and residential. Mr. Thompson co-founded the Crystal City Business Improvement District and most recently served as its Chairman of the Board. He also served on the Arlington County Crystal City Planning Taskforce and Long Range Planning Committee that led to the implementation of a new Sector Plan for Crystal City (adopted in 2012). He is an associate member of the District of Columbia Building Industry Association and a member of The Real Estate Group. Mr. Thompson holds a B.A. from the University of Virginia.

Areas of Interest

Risk Profile
Deal Type
Development, Pre-Development
Property Type