In 1985, Warren Halle purchased his most ambitious venture to date; Kingstowne, a 1,300 acre mixed use development in Fairfax County, Virginia, consisting of land for 5,500 residential units and 2.3 million square feet of commercial and retail space. A meticulously planned and designed project, Kingstowne is the second largest "PUD" in Northern Virginia, outside of Reston. Kingstowne has proven to be an exciting and profitable project for The Halle Companies. The creation of value through strategic positioning and the formation of quality environments is the Halle model.
In 1986, the Company developed and built a 24,000 square foot office building to serve as its headquarters in Silver Spring, Maryland. That same year the Company purchased and renovated Willowbrook Apartments, a 590 unit apartment development in Adephi, Maryland. Willowbrook Apartments were sold in 2001.
In 1987, the Company acquired Seven Oaks, an 850 acre mixed use development in Anne Arundel County, Maryland on Route 175 in Odenton across from the main entrance to Fort Meade. Seven Oaks contains approximately 3,500 residential units and a neighborhood shopping center anchored by Weis Supermarket. The Odenton Town Center is approved for 5.5 million square feet of mixed use commercial, retail and residential.
Today, the Company continues to develop Kingstowne and Seven Oaks with the programs geared toward developing retail and commercial sites for their own portfolio.
The Company intends to continue actively pursuing its growth into the commercial real estate arena. The Company owns in excess of 3.2 million square feet of office, flex office, warehouse and retail property.
The organization continues to operate in a "hands on" manner with the principals and staff actively involved in the development and operations of its properties. The Halle Companies' successful growth and development has been spearheaded by Mr. Halle, with the support of a talented and dedicated team of managers and professionals. In addition to the real estate development and construction divisions, the company has a property management firm, Comar Management, and a real estate brokerage firm, Metropolitan Homes.