Quadrangle Development Corporation

 

Overview
History
Expertise
Investing
Fact Sheet
Executive Team
Robert Gladstone
Chris Gladstone
Robert Knopf
Helen Haerle
Elise Rabekoff
George Boteler
William Holvey
Michael McCarthy
Doug Zimmerman
Awards
Helen Haerle

Helen S. Haerle, Corporate Vice President, Quadrangle Development Corporation, is one of four principals in the company. She has been with Quadrangle for the past 24 years. She serves as the primary asset manager for the company’s 8 million square foot commercial office and residential building portfolio. She is actively involved in directing the company’s acquisitions, dispositions, project capitalizations, financial and market analysis, and project budgeting. She functions on a variety of matters including assessing prospective purchases and development opportunities; determining and acquiring project financings & capitalization; developing, analyzing and maximizing the financial performance of each project in the company’s portfolio and preparing and presenting management information reports to owners and investors.

Since 2000, Helen has been involved in the purchase, sale and capitalization of over $3.5 billion worth of transactions including the acquisition of a controlling interest in the 470,000 square foot National Press Building; the re-financing of National Place; the re-capitalization of the Washington Center complex which is comprised of a 350,000 square foot office building and an 888-room hotel; the development of 1850 Towers Crescent Plaza, a new 300,000 square foot trophy office building in Tysons Corner, Va.; the acquisition of a 650-unit apartment complex in Gaithersburg, Md.; and project planning and capitalization for Mount Vernon Place, a 2.2 million square foot, mixed-use development project in downtown Washington, D.C.. Helen has also been active in the capitalization, management and oversight of four private real estate investment funds the company has initiated to date.

Prior to her position as Corporate Vice President at Quadrangle, Ms. Haerle was Vice President of Leasing for Quadrangle. During her 12 years in this position, she oversaw the leasing of the company’s entire office portfolio and actively negotiated millions of square feet of leases on behalf of the owners.

Ms. Haerle was previously employed by Prudential Realty Group, where she had responsibility for the performance of a diversified real estate investment portfolio valued at over $250-million. She managed the leasing of properties through outside brokers and also oversaw the operating and capital expenditures of properties through contract property management firms.

Prior to Prudential, Ms. Haerle was at Laventhol & Horwath, where she performed feasibility studies for hotel development for a variety of clients including the original feasibility study for the Grand Hyatt Hotel, an 888-room hotel developed by and still owned by Quadrangle affiliates. She conducted market research, obtained comparables and statistics, developed computer programs to analyze conditions and projected the economic feasibility of proposed hotels.

Ms. Haerle holds a Masters of Business Administration from the Michigan State University and a Bachelors of Arts with a double major concentration in fine arts and economics from St. Lawrence University. She has served on the Board of CREW-Washington, DC (Commercial Real Estate Women) for several years; in 2008 she served as President of the organization.