This summer, several Smith MBA students have been interning at startups through the Hisaoka Fellowship program. Hisaoka fellows are awarded a $5,000 scholarship if they are able to secure a summer internship with venture capital or angel-funded startups and early stage companies. The Dingman Center interviewed each fellow about their experience.
Arjun Goel – Martin Development Corporation
Tell us about Martin Development Corporation. What is the company’s mission and core competencies?
Martin Development Corp is a real estate investment company focused on building a mixed-use, retail centric real estate portfolio in the District of Columbia. The company’s primary target acquisitions are located within the Eastern Core of DC (loosely defined as Connecticut Ave NW through H St NE), which contains over 2.1m SF of retail space not affiliated with a major project. The company focuses on creating an equal distribution of the following two types of retail asset classes within a target deal size of $2.0m-$25.0m:
- Fully or partially occupied existing retail space in the established corridors of the District with existing income and immediate or future rental growth.
- Vacant building, Raw Land or Retail condos from multifamily, office and hotel developers in the Eastern Core both for stabilizing projects and entitled but not yet completed projects.