Strong Relationships. Invaluable Experience.

D. Reid Townsend

Co-Founder, Principal

Reid Townsend co-founded MRP Industrial which specializes in the acquisition, development, financing and leasing of modern distribution and fulfillment centers. Since its founding in 2013, MRP Industrial has developed over 40 Class A distribution centers, totaling 17,000,000 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.  Reid has 20 years of commercial real estate experience and has managed the development of approximately 20 million square feet of projects valued at more than $2.0 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.