Douglas R. Kington has over 28 years of commercial and corporate real estate experience. Mr. Kington is a licensed real estate broker in the State of Maryland, and is the broker of record for RE/MAX Commercial Logic.
In 2003, Mr. Kington established Kington Commercial LLC, a full service commercial real estate brokerage firm, in Baltimore, MD. Since 2003, the firm has completed 68 transactions comprising of 341,372 square feet of commercial space and 45 multifamily units, having a total value of $39.3 million. For seven years prior to founding Kington Commercial, Mr. Kington worked in the McLean, Virginia (Tysons Corner) office of Cushman & Wakefield. His practice focused on office and high-tech tenant representation, landlord agency and investment sales. During his tenure, he negotiated 87 lease transactions for over 1.1 million square feet, having a total value of $88.2 million. He worked on teams that provided tenant representation services to firms such as: General Dynamics Advanced Information Systems, Progressive Insurance, New York Life Insurance Company, and RWD Technologies.
Prior to joining Cushman & Wakefield, Mr. Kington headed the Commercial Group of Otis Warren & Company, Inc., in Baltimore, Md., where he provided brokerage services to such clients as NationsBank (now Bank of America), Signet Bank (now Wells Fargo), LaVan Hawkins Inner City Foods (DBA Checkers) and Muhammad Ali Rotisserie Chicken.
Before entering the commercial brokerage field, Mr. Kington managed the corporate real estate department for USF&G Insurance Company in Baltimore, managing a portfolio of 169 leases containing 1.9 million square feet and 18 assets valued at $220 million.
Mr. Kington received a Master of Business Administration from The Wharton School at the University of Pennsylvania, and a Bachelor of Science in Engineering also from the University of Pennsylvania.
Mr. Kington was featured in an April 29, 2014, Baltimore Business Journal article entitled “Cost of Redeveloping Social Security Site is Too High for UMB.” Mr. Kington delivered a lecture entitled “Urban Placemaking During A Down Economy” at the March 2009 Business Over Breakfast meeting of the Downtown Partnership of Baltimore. In September 2004, Baltimore City Mayor Martin O’Malley and Maryland Governor Robert Ehrlich jointly appointed Mr. Kington to the Baltimore City Board of School Commissioners, where he chaired the Facilities Committee.
In 2014, Ms. Blair teamed with Douglas Kington to launch RE/MAX Commercial Logic, a full-service commercial real estate brokerage, consulting and property management firm in Baltimore, Maryland.
Since 1996, Ms. Blair has owned and operated W. L. Blair Development, a local real estate development firm specializing in urban and historic development. W. L. Blair Development's successes include Spicer's Run, an 86-unit townhouse community in Bolton Hill and St. James Place, a mixed-use 25-unit multifamily, retail and office building in the West Side of Downtown Baltimore.
Prior to founding W. L. Blair Development. Ms. Blair served as a Development Director at Struever Bros. Eccles & Rouse in Baltimore, focusing on the development of both market-rate and affordable housing. In her role as Development Director, she was responsible for all phases of development from site selection through final settlement or lease-up, including acquisition, financial feasibility, market analysis, design, zoning, financing, construction, sales and marketing.
Ms. Blair also worked as a Consultant for the Real Estate Department of U.S.F.&G. Insurance Company in Baltimore, providing leasing and asset management services for company-owned and leased real estate throughout the United States. She renegotiated leases and performed financial analysis of the company's owned portfolio including 10-year revenue and operating expense projections, property valuations using the capitalized income approach, and recommendations on capital improvements and budgets for replacement reserves.
From 1982 to 1990, Ms. Blair was the Deputy Director for Real Estate for the New York Metropolitan Transportation Authority. In this role she directed twelve managers in the leasing, acquisition, development and management of the MTA's real estate portfolio. Her duties included redevelopment of surplus properties, assembling sites for acquisition, marketing and leasing of MTA owned property, negotiating new office and warehouse leases, and monitoring of existing agreements. Her projects included the redevelopment of two major midtown Manhattan sites, property acquisitions in connection with the Long Island Railroad and Metro-North Commuter Railroad's $250 million electrification projects and negotiation of a $70.4 million lease for the Battery Parking Garage.
Ms. Blair began her career as a Special Assistant for the Office of Development at the New York City Department of Housing Preservation & Development where she designed and marketed Request for Proposals (RFP's) involving the sale, leasing and development of real estate owned by the City of New York. She analyzed the feasibility of proposals and managed the RFP selection process.
Ms. Blair earned a Master of Public Administration from New York University Graduate School of Public Administration and a Bachelor of Arts from Amherst College.
Director of Marketing & Communications ♦ Salesperson
Alison Reid is a graduate of the Lally School of Management and Technology at Rensselaer Polytechnic Institute where she received her B.A. in Business Management and Communications. Prior to joining RE/MAX Commercial Logic, Ms. Reid was a Real Estate Assistant for St. James’s Place Apartments where she researched and compiled multi-family housing market data, developed communications strategy and managed internet presence. Ms. Reid is also the principal of Reid Communications, a social media and on-line marketing and communications firm that helps businesses to broaden their advertising reach through social media outlets.
Our Value Proposition
RE/MAX Commercial Logic's Value Proposition is pretty simple: create value for each client by listening, analyzing, anticipating and executing each transaction to produce excellent results.
RE/MAX Commercial Logic LLC, founded in January of 2014, is a regional, commercial real estate brokerage firm that offers the following services:
Our clients are small to medium size businesses, non-profits, and government agencies in the Baltimore / Washington, D.C. Region. The principals of the firm, Douglas R. Kington and Wendy L. Blair, utilize over 60 years of combined commercial real estate brokerage, development, finance, and property management experience to create custom tailored solutions for each client requirement. Our clients rely on our knowledge, experience, creativity and persistence to solve their toughest real estate challenges.
We offer seven commercial real estate brokerage services:
Businesses that elect to satisfy their real estate needs by leasing need an experienced and knowledgeable advocate. Brokers at RE/MAX Commercial Logic leverage time, market conditions, competition and negotiating strategy to achieve the most favorable leasing solutions for our clients.
Each building owner has a specific strategy for each of its assets. RE/MAX Commercial Logic has experience with the many strategies employed by building owners, from pre-leasing a proposed building, to achieving initial lease-up in a newly delivered building, to preparing a building for sale or refinancing, to aggressively renewing leases to weather an economic downturn.
Investors have many options with respect to the deployment of their capital. RE/MAX Commercial Logic advises and assists investors in the acquisition and disposition of commercial investment properties throughout MAX Commercial Logic’s experience, market contacts, and market knowledge have proven to be invaluable when seeking investment opportunities, conducting due diligence, managing the acquisition or disposition transaction process, and analyzing the projected financial performance of an asset.
The principals of RE/MAX Commercial Logic have extensive experience in the property management field, have collectively managed over 3 million square feet of commercial properties located in the Metropolitan Baltimore, Metropolitan New York City and across the country. The principals understand the importance of developing challenging but realistic operating and capital plans closely link to either an investor's investment objectives or an institution's strategic plan. They have experience assembling the best team of employees, contractors and consultants to optimally execute the operating and capital plans.
When investors or businesses seek to acquire commercial real estate assets, whether as an investment or for use by the organization, they have very specific objects for the short term and the long term, including an exit strategy. Both principals have extensive experience assisting investors and businesses with searching, selecting, negotiating, and closing commercial real estate assets for investment or occupancy.
Growth and expansion are what many businesses seek. RE/MAX Commercial Logic has developed a strategic competency creating and then implementing optimum acquisition strategies, whether for office space, flex space, warehouse/industrial space, retail sites, multi-family development sites or raw land. RE/MAX Commercial Logic matches the client’s needs for timing, feasibility, flexibility and financial viability.
Businesses grow and shrink with the ever present ebb and flow of the national and international economies. When leased or owned facilities are earmarked as “excess,” RE/MAX Commercial Logic works with the client to devise an optimal disposition strategy. Such a strategy may include subleasing premises, leasing or selling an owned facility or structuring a phased dispositions keyed to lease expirations. RE/MAX Commercial Logic has extensive experience achieving outstanding results for its clients by creating and then executing customized disposition strategies to meet each unique circumstance.
RE/MAX Commercial Logic assists developers by identifying, researching, and analyzing new opportunities. The team at RE/MAX Commercial Logic has extensive market knowledge, solid industry and government contacts, and a deep understanding of local communities and the issues many face. RE/MAX Commercial Logic team bring expertise in demographics, economics, finance, construction, sales and marketing, and current events. RE/MAX Commercial Logic team can assist a developer in maintaining a measured and methodical development program.
In many businesses, real estate expense is one of the largest expenses behind personnel, on the income statement and one of the largest assets on the balance sheet. RE/MAX Commercial Logic has experience working directly with the chief executive officer and the chief financial officer to ensure that the real estate expense is minimized as appropriate and that real estate assets are optimally and prudently managed.
NAICS Codes for Our Services
531110 - Lessors of Residential Buildings and Dwellings
531120 - Lessors of Nonresidential Buildings (Except Mini-Warehouses)
531210 - Offices of Real Estate Agents and Brokers
531311 - Residential Property Managers
531312 - Nonresidential Property Managers
531390 - Other Activities Related to Real Estate
541611 - Administrative Management and General Management Consulting Services
541990 - All Other Professional, Scientific, or Technical Services
RE/MAX Commercial Logic is located at 301 W Franklin Street in Baltimore, Maryland 21201. Right outside of Mt. Vernon and Baltimore's Central Business District, our office is convenient to all of downtown Baltimore.