Westreich established Monday Properties in 2004, acquiring 100 percent of Max Capital Management Corp. and its 4-million-square-foot portfolio. Mr. Westreich served as president of Max Capital Management Corp. from 2002 through 2004, overseeing all asset management, property management, construction management, leasing and development.
Mr. Westreich was previously a partner in Westfield Realty, Inc., one of Washington, D.C.’s largest private real estate ownership firms, for five years. During this period he was responsible for the firm’s development, management and construction initiatives, and ultimately managed the company’s operations, overseeing approximately 4 million square feet of office space in the Washington, D.C. metropolitan area.
While at Westfield, Mr. Westreich formed a joint venture with Eakin/Youngentob Associates, a leading Washington, D.C. homebuilder, which has since developed more than 5,000 homes in 25 townhouse and condominium communities in partnership with Westfield.
Under Mr. Westreich’s leadership, Monday Properties has completed over 50 property transactions representing $12 billion in capital value and 27 million square feet, and has leased over 10 million square feet of office space.
Monday Properties has or currently owns a portfolio of Manhattan’s finest office buildings, including 230 Park Avenue, 237 Park Avenue, 1440 Broadway, 260 Park Avenue South, 386 Park Avenue South and 350 Madison Avenue. In addition, the firm owns over 3 million square feet of office properties in Rosslyn, VA making it the largest landlord in that submarket. Those assets include many notable buildings including 1000/1100 Wilson, 1812 North Moore Street and 1101 Wilson Boulevard. The company maintains its headquarters at 667 Madison Avenue in Manhattan, but also has offices at 1000 Wilson Boulevard in Rosslyn, Virginia.
Monday Properties is guided by a long-term, buy-and-hold policy, aimed at building for the future through its assets and through its relationships with partners, financial institutions, tenants and with the industry as a whole. The company seeks to secure the finest properties for the company’s portfolio and commits completely to these assets, attracting top talent in the industry to maintain and advance its assets and relationships.
Mr. Westreich serves on the board of the Grand Central Partnership and is a member of the Real Estate Board of New York, the Building Owners and Managers Association and the Young Presidents’ Organization. Mr. Westreich is a graduate of Southern Methodist University and has completed the Owner/President Management Program at Harvard Business School. In addition, Mr. Westreich is actively involved in many charitable causes such as WIZO, AIPAC, Lincoln Center, RETT, Mt. Sinai Hospital and many others.