Coakley Realty, a well-known brokerage firm in Washington, D.C., has recently welcomed Petch Gibbons as an associate broker and senior member of its team. With over 30 years of experience in the D.C. real estate industry, Gibbons brings a wealth of knowledge and expertise to Coakley Realty.
Before joining Coakley Realty, Gibbons served as a partner at Outlier Realty Capital in Bethesda, Maryland. Throughout his career, he has represented over 3.5 million square feet of space for owners and tenants in the D.C. area. Some notable clients include Merrill Lynch, the Warner Theatre office building, and the National Children’s Museum, where he played a vital role in securing a 30,000-square-foot space in the Ronald Reagan Building.
Coakley Realty, based in Rockville, Maryland, offers a comprehensive range of services, including property management, appraisals, and tax appeals. Gibbons feels that the ability to offer these services sets Coakley Realty apart in the D.C. market and provides a significant advantage to clients. He mentions, “It’s a huge asset and advantage to me to be able to offer owners in the D.C. market these services and a fuller approach.”
In addition to his extensive experience in the commercial real estate sector, Gibbons also brings expertise in the multifamily market to Coakley Realty. He believes that this expertise will allow Coakley Realty to expand its footprint in the D.C. and Northern Virginia market, addressing the needs of both regional and local owners and tenants.
In his new role, Gibbons will focus on assisting tenants with lease negotiations, relocations, and sublet opportunities. He plans to offer support to tenants in the nonprofit and medical spaces, where there may be a lack of support from corporate and institutional firms. Additionally, he aims to help owners who are struggling with leasing or looking to sell their properties. With Coakley Realty’s full-service capabilities, including property management, development, tax appeals, and appraisals, Gibbons is confident in providing comprehensive support to clients.
Throughout his career, Gibbons has held executive positions at reputable companies such as Barnes, Morris, Pardoe & Foster, Insignia ESG (which is now CBRE), J Street Companies, and Cushman & Wakefield. His vast experience in the industry further strengthens his ability to deliver exceptional results for Coakley Realty and its clients.
The addition of Petch Gibbons to Coakley Realty’s team marks another exciting step for the brokerage firm. With his extensive experience, expertise in multifamily properties, and dedication to providing comprehensive services, Gibbons is expected to contribute significantly to the firm’s growth and success in the D.C. and Northern Virginia market.
To learn more about Coakley Realty’s expansion and how Petch Gibbons plans to leverage his expertise, you can reach out to Keith Loria at Kloria@commercialobserver.com.