Washington Properties Inc. was formed by Jeffrey Gumbiner in 1997 to acquire, develop and manage commercial real estate in the Chicago Metropolitan area. Washington Properties Inc follows a value-added or opportunistic approach to real estate investment and actively manages its investments to maximize returns with reasonable risk. Local market knowledge and development of long term relationships with brokers, tenants and investors are key elements of Washington Properties’ strategy to create successful real estate investments. Since 2006 Washington Properties has also been active in Washington DC / Northern Virginia / Baltimore.