WASHINGTON – Transwestern Real Estate Services (TRS) announces DRB Group has signed a 56,409-square-foot lease to relocate its corporate headquarters to The Summit at Washingtonian, a Class A, LEED Certified, 193,199-square-foot office property at 9711 Washingtonian Boulevard in Gaithersburg, Maryland. Transwestern’s Keith Foery, Phil McCarthy, and Guy Copperthite represented the property owner, Principal Asset Management®, in lease negotiations. DRB Group was represented by Dan Falls of CBRE.
DRB Group, a national homebuilder operating in 14 states, plans to relocate from 2099 Gaither Road in Rockville, Maryland, in the third quarter of 2026. The company will house its corporate headquarters on the top two floors at The Summit and its title company and design studio on the first floor. In addition to meeting DRB Group’s space requirements and offering employees an improved workplace experience, the move will enhance brand recognition through prominent exterior signage on the top of the eight-story building facing I-270 and Fields Road.
“This new headquarters represents an exciting step forward for DRB as we continue to grow as a top 20 national homebuilder,” said Ronny Salameh, President and CEO of DRB Homes. “With more than 1,600 employees operating in 14 states across 19 divisions, this expanded corporate office will house over 200 of our team members, bringing together DC Metro regional staff, DRB Development, Keystone Title, and the award-winning DRB Design Studio showroom under one roof. The new office will serve as an innovative hub to support our employees and customers as we build communities nationwide in partnership with Sumitomo Forestry America.”
The Summit offers easy access via ICC, I-270, and Shady Grove Road, and is just minutes from over 1.75 MSF of retail amenities, restaurants, and hotels. The property features a spacious two-story atrium lobby, floor-to-ceiling windows, and a full-service fitness center with lockers, showers, and an exercise room. Future building improvements include renovations to the main lobby, a new conference center, and a grab-and-go deli.
“We are excited to welcome DRB Group to The Summit at Washingtonian. Their decision to lease space with us for their corporate headquarters is a strong vote of confidence in our property and the community. We look forward to supporting their continued growth and success,” said Troy Koerselman, managing director of asset management and development at Principal Asset Management.
An image of the property is available for download here.
About DRB Group
For over 35 years, The Development & Residential Building Group (DRB Group) has set the standard for excellence in homebuilding. As an industry leader, we bring innovation, quality, and craftsmanship to every home we build. With two premier homebuilding brands—DRB Homes and DRB Elevate 55+—we offer an impressive selection of thoughtfully designed floor plans, delivering award-winning homes that cater to every lifestyle. Beyond homebuilding, DRB Group provides comprehensive real estate solutions. Keystone Title, our in-house title company, ensures seamless transactions, while DRB Group Development is the trusted choice for development work, fee build and build-for-rent investors, driving exceptional value and results. Explore our communities at DRBHomes.com or for investors, discover the DRB Group difference at DRBGroup.com.
About Principal Asset ManagementSM
With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.1Principal Asset Management is the global investment solutions business for Principal Financial Group®(Nasdaq: PFG), managing $579.8 billion in assets1and recognized as a “Best Places to Work in Money Management”2for 13 consecutive years.
Learn more at www.PrincipalAM.com.
[1] As of June 30, 2025
[2]Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 2024.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
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