Mr. Kusturiss is Partner, Development and Asset Management and has 20 plus years of commercial real estate experience. At Penzance, Mr. Kusturiss directs operational activities including ground up and base building development and construction activities and leads asset management for the firm’s existing portfolio across the Mid-Atlantic. Mr. Kusturiss has been responsible for the due diligence, acquisition, entitlement, and design of over 7.5 million square feet of new product across a range of product types including multi-family for rent and for sale, office, retail, data center and industrial and has led the construction management and leasing efforts for over 3.6 million square feet of new product. He is a member of the Investment, Executive, Asset Management and Culture Committees.
Previously, Mr. Kusturiss worked at Equity Residential on the development team where he managed development and construction activities for six Class-A apartment projects totaling over 1,500 units and 50,000 square feet of retail. Prior to that, Mr. Kusturiss worked for Clark Construction coordinating the design and construction of new multifamily buildings in the region.
Mr. Kusturiss serves on the Board of Directors for NAIOP Northern Virginia and is also an Executive Committee member for the chapter. Mr. Kusturiss is also an active National Multifamily Housing Council member. In 2016 he received the Leadership Center for Excellence 40 Under 40 Honoree award and in 2020, was honored with the NAIOP Northern Virginia Award of Excellence for Member of the Year.
Mr. Kusturiss received his BS in engineering technology from the University of Delaware and earned an MBA from the George Washington University.
