News Room
Angela Sweeney
Vice President - Corporate Marketing & Communications
Phone: (703) 631-7572 | Cell: (443) 691-2957 | Email:

March 21, 2018
Peterson Cos. President of Retail Paul Weinschenk, whose company has two of the retail centers where Toys R Us had stores, thinks the D.C. market will be able to bounce back from the vacancies.

March 20, 2018
Peterson Cos. has been behind some of the most transformative real estate developments in the region. Now the company is working to make a national impact in a completely different market — by developing health products for seniors.

March 7, 2018
Peterson Cos., one of the D.C. area's largest development companies, is shaking up its leadership structure. Milt Peterson, who founded the company in 1965, is taking a less active role as chairman and principal, while two of his sons, Jon and Rick, were elevated to top leadership positions.

March 6, 2018
The Peterson Cos. announced Tuesday that Jon Peterson, one of Milt's sons, has been elevated to CEO of the Fair Lakes-based company, while Rick Peterson, another son, will serve as chairman of a newly created investment board to oversee the firm’s non-real estate holdings. Both have been with the company for more than 25 years.

February 27, 2018
The entertainment venue and restaurant has signed on for a nearly 39,000-square-foot location at Rio Washingtonian Center. Montgomery County blog The MoCoShow was the first to report the news. Terms were not disclosed.

February 16, 2018
Peterson Cos. plans to sell off a 5.49-acre parcel at its Commonwealth Center in Ashburn to Wichita, Kansas-based WaterWalk, which is expected to build a 150-room extended-stay hotel there.