Kenneth Luchs, a 50-Year Real Estate Professional, Named a Senior Vice President at Scheer Partners
December 20, 2011 by admin
Rockville, MD – More than two decades after they both served in executive capacities at the Shannon & Luchs Company, Kenneth Luchs and Robert Scheer are teaming up.
Scheer Partners, the leading provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas, announces today the appointment of Luchs as a senior vice president. In this position, he will focus on, among other things, representing health-care tenants and owners of medical-office buildings in the D.C. region.
For five decades, Luchs has worked in real estate, and his experience spans most areas of this sector, such as commercial and residential brokerage, appraisals and consultations, development, insurance, mortgage lending and property management. His varied background will prove instrumental as he secures new business for Scheer Partners across its different service lines, including acquisitions, commercial brokerage, construction management, development, facilities management, property management, and strategic planning consulting.
“Relationships are extremely important to me, and relationships are also what Scheer Partners is all about,” Luchs says. “This firm has a long-standing track record and stellar reputation in the biotechnology space, and more recently it has expanded much deeper into the broader health-care industry. I look forward to playing a key role in Scheer Partners’ ongoing growth in the medical field.”
Luchs and Scheer first got to know each other while at the Shannon & Luchs Company. Scheer managed the company’s commercial brokerage business in Maryland prior to founding Scheer Partners in 1991. And Luchs, who began his 32-year career with the firm in 1961, served from 1989 to 1993 as president and CEO of the Shannon & Luchs Company, one of the largest full-service real estate firms in the Washington market, which Luchs’ grandfather co-founded in 1906 and, at its peak, employed several thousand people stationed in dozens of local offices.
In 1993, the Shannon & Luchs Company was acquired by two firms – the Polinger Companies (now the Polinger Shannon & Luchs Company) and Weichert, Realtors – that bought the commercial brokerage/property management and residential brokerage businesses, respectively. The insurance division, purchased by its employees, is today known as the Shannon & Luchs Insurance Agency.
Since the Shannon & Luchs Company’s sale, Luchs has primarily concentrated on commercial real estate consulting and brokerage, such as the leasing and selling of office and apartment buildings, warehouses, shopping centers, hotels and land. “I have no desire to ever retire,” says the 73-year-old Potomac resident. “I love real estate and want to stay active. I’m thrilled about this opportunity. I have a lot of respect for Robert. Scheer Partners is a growing company that keeps expanding beyond its historical niche in the life sciences.”
The Luchs family has long-time roots in the local real estate scene. Ken Luchs, his father and his grandfather have all served as president of what is now known as the Greater Capital Area Association of Realtors. Ken Luchs has also served on several other boards, including those of American University, the National Savings & Trust Company, the Washington Hebrew Congregation, and Woodmont Country Club.
“I am absolutely delighted that Ken has joined our firm,” says Scheer, who is also the president of Scheer Partners. “He has built up countless relationships over 50 years in this business, which will undoubtedly help Scheer Partners as we enter our next level of sustained growth. To work with Ken again after all these years is truly exciting.”