Van Metre Cos.—No. 147 on the 2022 Next 100—announced the creation of Van Metre Land, a private company focused on investing in land throughout Northern Virginia and the surrounding Loudoun, Prince William, Fairfax, Fauquier, and Frederick counties.
The new company also is looking to expand its footprint into new markets and is willing to consider land at any stage of development.
“We consider the full spectrum of real estate investments: commercial, industrial, retail, and new homes. You name it, we’ll look at it," says Beau Van Metre, chairman and corporate trustee of Van Metre Cos. "We formed this company so we could be 100% dedicated to finding the best opportunities and ensuring success for the next generation.”
With over 65 years of experience, the Van Metre ecosystem of real estate companies includes Van Metre Homes, Van Metre Apartments, Van Metre Commercial, Van Metre Design + Build, financial and recreation entities, and now Van Metre Land.
“All our operating experience across multiple business platforms will be leveraged under one development umbrella,” says Matt Davis, director of land acquisition. “This allows Van Metre Land to focus on building new developments that deliver a diversity of commercial and residential products.”
Van Metre Land’s focus on acquisition, community design, and development enables Van Metre’s existing operations to focus on execution and customer service. Acquiring new land ultimately contributes to the company’s holdings and lays the foundation for future success, the company reports.
“Location is one of the key factors when someone is looking for a place to call home. We get to be directly involved in the evolution of the land parcel to development, then into a community where individuals will live, work, and play,” says Dawn L. Klassen, director of land acquisition. “We are the catalyst to creating the American dream.”
