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

March 6, 2018
FAIRFAX, Va., Mar. 6, 2018 – Over the past 53 years, Peterson Companies has become one of the leading privately-held companies in the Washington D.C. region. Throughout its history, there have been several companies represented under the Peterson Companies umbrella ranging from real estate to bio-tech. Today, the company announced several changes to the organizational and leadership structure designed to position Peterson Companies for success for generations to come. Jon M. Peterson has assumed the role of CEO and chairman of the executive committee for the company’s real estate holdings. William E. (Rick) Peterson is now chairman of a newly created Investment Board that will oversee the company’s non-real-estate holdings. The company also announced the formation of a governing board that will provide oversight of the real estate company and the investment company. Rick Peterson and Jon Peterson will represent the family along with Bryant Foulger, managing principal and chairman of Foulger-Pratt Companies and Todd Stottlemeyer, CEO of the Inova Center for Personalized Health. Milton V. Peterson, who founded the company in 1965 will remain principal and chairman of Peterson Companies.

September 28, 2017
Fairfax, Virginia (September 22, 2017) – Peterson Companies announced today that Life Time®, the nation’s only Healthy Way of Life lifestyle company and brand, is planning its first destination in Gainesville, Virginia at the Virginia Gateway. The more than 130,000-square-foot, two story destination will provide its members with a wide range of resort-style healthy living, healthy aging, healthy nutrition, and healthy entertainment programs and services for individuals, couples and families of all ages. Construction has started with a planned opening in late-2018.

August 30, 2017
Fairfax, Virginia, August 30, 2017 - Peterson Companies and their JV partner M.F.I. are pleased to announce the opening of Nuckols Place, located at the intersection of Twin Hickory and Nuckols Road in Glen Allen, VA (in western Henrico County), marking Peterson’s entry into the Richmond market.

June 12, 2017
Fairfax, Virginia, June 12, 2017 – Paul Weinschenk, President of Retail for Peterson Companies, announced today that Andrew Kabat has been promoted to Vice President, Director of Retail Leasing. Kabat joined Peterson Companies over 10 years ago as a Leasing Representative and during his tenure, he has increasingly taken on new responsibilities and successfully negotiated hundreds of leases ranging from mom and pop shops to national anchor tenants and local eateries to chef-driven restaurants.

July 19, 2016
FAIRFAX, VA (July 19, 2016) - Peterson Companies, one of the largest privately-owned real estate development companies in the Washington DC region, announced today the ground breaking of a six-story, 150,000-square-foot Class A office building at Fairfax Corner, the mixed-use, lifestyle center located in Fairfax, Virginia. The new office building will serve as the corporate headquarters for Apple Federal Credit Union.

June 29, 2016
NEW YORK, NY (June 29, 2016) – Times Square Attractions Live, LLC announces the signing of a 15-year lease with owner Kushner Companies.  Times Square Attractions Live, LLC is the trademark-licensed developer for National Geographic Times Square: Ocean Giants (WT), a first-in-kind National Geographic-branded immersive entertainment experience that will open summer 2017. The new space will occupy 59,137 square feet at 44th Street. The tenant is a partnership between Peterson Companies, a Washington-based real estate developer, and SPE Partners, LLC a New York-based entertainment developer. Eric Gelber, Executive Vice President of CBRE represented Times Square Attractions Live, LLC.