Matthews Opens Bethesda Office to Expand Washington, D.C. Metro Presence

Matthews Opens Bethesda Office to Expand DC Presence
CRE Market Beat Take
Matthews’ Bethesda office and dedicated government services arm signal continued broker investment in the DC metro, reinforcing tenant and investor demand for expertise around public-sector credit.

Matthews has opened a new office at 4800 Montgomery Lane in Bethesda, Maryland, adding a physical base to support its activities in the Washington, D.C. metropolitan area. The firm is occupying a 5,239-square-foot space, which is intended to deepen its presence across the broader region known as the DMV and the Mid-Atlantic.

The new Bethesda location builds on Matthews’ existing track record in the Mid-Atlantic, where the company has been active for several years. The firm first established a local foothold in Washington, D.C. through key senior hires, using talent expansion as a platform to grow its regional brokerage capabilities.

In 2023, Matthews hired Senior Vice President and Director Josh Ein to help anchor its Washington, D.C. efforts. That move was followed in 2025 by the addition of Executive Vice President Ed Laycox. Together, Ein and Laycox have completed more than 400 transactions, with an aggregate value of $2 billion, across both single-tenant and multi-tenant retail properties. Their combined experience in retail investment sales and leasing has been central to the firm’s growth trajectory in the region.

The firm continued to scale its team last year with the addition of Senior Associate Ethan Edmiston. Edmiston is tasked with leading Matthews’ government services division, with a focus on assets leased to county, state, and federal agencies. This focus on government-tenanted properties adds a distinct specialty to the firm’s Mid-Atlantic platform, complementing its existing retail transaction history.

Matthews leadership described the Bethesda office opening as a meaningful step in the firm’s regional expansion strategy. Perkins characterized the new location as a pivotal milestone in the ongoing buildout of the firm’s presence in Washington, D.C., the surrounding DMV area, and the broader Mid-Atlantic market, underscoring the importance of a dedicated local office to serve clients and pursue new assignments.

The office is positioned one block west of the Red Line station and just north of Bethesda Row, placing the team within walking distance of transit and a concentration of retail and amenities. From this location, Matthews intends to support activity across the Washington, D.C. metropolitan area, leveraging its existing transaction history, experienced brokerage team, and growing government services practice.

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