Strong Relationships. Invaluable Experience.

D. Reid Townsend

Founding Principal

Reid Townsend co-founded MRP Industrial, an affiliate of MRP Realty, which specializes in the acquisition, development, financing and leasing of modern distribution and fulfillment centers. Since its founding in 2013, MRP Industrial has developed 37 Class A distribution centers, totaling more than 14,400,000 square feet, establishing itself as one of the most active industrial real estate developers throughout the Mid-Atlantic and Northeastern United States.

 

Reid primarily manages the sourcing, underwriting, design, construction and leasing of the MRP Industrial portfolio.  Recent projects have included such notable tenants as Amazon, FedEx Ground, L’Oreal, Kuehne & Nagel, VF Outdoor, Mattel, The Kellogg Company, The Container Store, Dell Computers, and La-Z-Boy.  Reid has 20 years of commercial real estate experience and has managed the development of approximately 18 million square feet of projects valued at more than $1.0 Billion.

 

Prior to MRP Industrial, Reid served as the Maryland/Pennsylvania Partner for Panattoni Development Company and Senior Vice President of the Mid-Atlantic development team at Trammell Crow Company in Washington D.C.  Reid received his B.S. in Civil Engineering from Clemson University and his MBA from the Darden School at the University of Virginia.