Manekin Corp. said yesterday that Richard Manekin, a company founder's son who left the commercial real estate brokerage and development company in 1989, will return in two weeks to work on building the firm's tenant representation practice and help develop nontraditional business opportunities.
Mr. Manekin will report to Andrew J.A. Chriss and work out of Manekin's downtown Baltimore office, the company said. Manekin, one of the area's largest brokers and the developer of projects including the Bank of Baltimore building, also has offices in Columbia, Baltimore County, Montgomery County and Northern Virginia.
Mr. Manekin, who has run primarily real estate consulting businesses in Baltimore County since leaving the company founded by his father and uncle, said he wanted to help the company respond to changes the real estate recession has imposed on the industry, including finding ways to market the company's services to nonprofit institutions.
"There are nontraditional users we'll be exploring," said Mr. Manekin, 47. "Exploring is different than aggressively marketing the services. . . . The traditional Manekin businesses will be probably 75 percent of my time."
Manekin president Richard Alter said the company was not planning to have Mr. Manekin focus exclusively on tenant representation, as brokers at some other firms have done.
"Tenant representation has probably become more dominant in the last five years, so he's going to be doing a lot of that," Mr. Alter said. "But to say he'll be doing only tenant representation would not be true."