Thomas Park

Thomas Park ranked #390 on the Inc. 5000 list of the fastest-growing private companies in the U.S., with a 3-year growth rate of 1,025%. That’s not just above average, it’s top percentile performance. Thank you to our team, partners, and investors who’ve helped us reach this milestone, and who keep pushing us forward! Learn more here - https://lnkd.in/ewcQDt-n

Thomas Park Announcement: Thomas Park Design has rebranded as tommie Design. This new identity reflects growth, independence, and a sharpened focus on creating environments that connect strategy, story, and design. As part of the Thomas Park platform, tommie will continue to shape spaces across multifamily, senior living, retail, and club projects, bringing intentional design to every detail. Explore the new brand → www.tommie-design.com

Thomas Park Investments has completed the sale of Merrimack Medical Center, delivering 381% NOI growth and a 1.92x Equity Multiple for our investors. When we acquired the 59,601 SF on-campus medical office building in 2021, it presented a classic value-add opportunity with NOI of $232K, occupancy at just 69%, and a weighted average lease term of only 1.95 years. Through disciplined execution, we repositioned the asset, strengthening its tenancy and long-term stability, and translated that into meaningful returns for our partners. Key Metrics NOI: $232K → $886K Occupancy: 69% → 90% WALT: 1.95 YR → 5.85 YR Equity Multiple: 1.92x Special thanks to Seth Gilford, Steve Leathers, and Alex Berger for their role in this transaction. Read more: https://lnkd.in/eA9gCzPj

We’re proud to see our CEO, EJ Rumpke, featured in BlackRock new report Innovating and Evolving for a New Era in Healthcare. Hospitals are being asked to deliver more with less. One of the biggest untapped levers? Real estate. As EJ puts it: “Through structured partnerships, health systems can unlock liquidity from non-core real estate, offload operating risk, and secure a committed partner for future expansion.” Read the full report here: https://lnkd.in/e_dPEwdp

Big thank you to our interns for an incredible summer at Thomas Park! Each brought fresh energy, creativity, and dedication to our team. We welcomed four interns across Investments, Construction, Brokerage, and Interior Design,  each contributing to the work that drives our platform forward. Investments: Sean McCarthy Construction: Estelle Aherne Brokerage: Alexander Uryniak Interior Design: Yesenia Ollenea We’re grateful for their hard work and can’t wait to see all the amazing things they’ll go on to achieve!

Leased | 10,000 SF at Gardenville Shopping Center Super Beauty, one of Maryland’s largest beauty supply operators, has signed a 10,000 SF lease at Gardenville Shopping Center in Northeast Baltimore. The store is expected to open this fall at the intersection of Frankford Avenue and Belair Road. Mason Popham, EVP of Brokerage at Thomas Park, represented the landlord. Jeffrey Gelberman of NREB represented the tenant. The transaction was also recognized in CoStar’s Quarterly Top Retail Leasing Deals. Read more: https://lnkd.in/eiHiuti4

Another on time, on budget space delivered to support our growing client roster. We recently completed a 5,600+ SF office buildout for Homes for America, Inc., a nonprofit focused on advancing affordable housing across the region. As their team grew, they needed a space that could do more, support collaboration, protect focus, and reflect the values at the heart of their work. This new office features: • Open work zones for team connection • Conference rooms and collaboration spaces • Private focus rooms and Zoom-enabled spaces for individual work and virtual meetings • A central kitchenette designed to foster culture • All-new finishes, lighting, millwork, and mechanical upgrades Thoughtful. Functional. Built to grow with the organization. Proud to support teams doing meaningful work, and grateful to the partners who helped bring this to life. Matthew Merz, Bryan Borucki, Josh Roberge

We had a great day on (and off) the court with our Thomas Park leadership team at The PutAway - Indoor Pickleball Courts & Leagues. A big thanks to everyone who made time to connect, compete, and have some fun. Always good to step away from the day-to-day and enjoy time together as a team. EJ Rumpke Alex Kopicki Christopher Murray Connor Summers Joseph O'Neill Adam Miller, CPA Amy Natoli, CPM®, RPA® Samantha Hamsher Mason Popham Kat Baxter Matthew Merz Bryan Borucki Josh Roberge Lauren Rosa, MPS Sarah (Gamache) Dunphy

CityBiz highlights the key takeaways from our Q2 Greater Annapolis CRE Market Report. https://lnkd.in/enNQPjf6

Greater Annapolis continued to show strength in Q2, with record-high retail rents and steady demand in healthcare and logistics. But headwinds still persist. Check out the latest CRE Market Report by Thomas Park, your trusted source for insights in the Annapolis market.   https://lnkd.in/ebY5Bdxz