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New execs at National Realty & Development and Wood Investments, plus Peterson’s founder has died

June 3, 2021

J.J. Oshins is returning to the company where he started his career, rejoining National Realty & Development Corp.’s NRDC Equity Partners division as chief investment officer. He originally joined NRDC in 2005, after graduating from Cornell University. During his tenure as an analyst and associate, NRDC acquired the Lord & Taylor and Hudson’s Bay Co. department store chains and began the acquisition process for Saks Fifth Avenue. During his time away from NRDC, he founded and led UpCurve Energy and Verdad Exploration, both focused on acquiring rights to and developing natural gas resources.

J.J. Oshins

Greg Vujnov has joined Wood Investments Cos. As COO. His nearly 20 years of retail real estate experience spans the retail side, brokerage and development, including roles at Lewis Retail Centers, Irvine Co. and Chipotle. He also is a founding owner of food-and-beverage chain Juice It Up.

Greg Vujnov

Visionary D.C. developer Milton Peterson has died

Milton Peterson, founder and chairman of Peterson Cos., has died at age 85. Peterson built one of the largest privately held real estate development companies in the Washington, D.C., region, focusing on mixed-use retail, residential and office developments in Northern Virginia and suburban Maryland. In the 1990s, he partnered with Montgomery County and Foulger-Pratt to transform several deteriorated blocks in Maryland into Downtown Silver Spring, a shopping, dining and entertainment destination that continues to thrive today. Peterson modeled his most ambitious project — National Harbor in Prince George’s County, Maryland — on Barcelona’s Las Ramblas and Rome’s Spanish Steps. Today, National Harbor encompasses more than 8 million square feet on 350 acres and welcomes more than 28 million visitors annually.

A link will be made available on the Peterson Cos. website on the morning of June 9 for those who wish to view that day’s memorial service. Memorial donations may be made to Inova Life with Cancer or to a charity of one’s choice. To share a memory of Milt with his family, email memoriesofmilt@petersoncos.com.

Milton Peterson

By Brannon Boswell

Executive Editor, Commerce + Communities Today

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