Real Estate: TIMOTHY HELMIG
MANAGING PARTNER, MONDAY PROPERTIES, ARLINGTON County
Helmig works as managing partner alongside his brother-in-law, Anthony Westreich — whose late father, also Helmig’s father-in-law, was commercial real estate icon Stanley Westreich, a major force in the development of Arlington’s Rosslyn area.
A graduate of American University, Helmig has overseen $16 billion in capital transactions during his 17 years at Monday Properties. In November 2021, Monday spent $145.6 million on two Northern Virginia properties — an office building in Merrifield and Arlington office tower Three Ballston Plaza. He is also responsible for Nestlé USA’s tenancy at a building in Rosslyn and the expansion of the U.S. State Department’s presence in Rosslyn.
Although office space makes up a considerable part of its portfolio, Monday also has multifamily residential holdings, with 5,300 units developed or in the pipeline. This spring, it opened its first residential project in Northern Virginia: The Blake in Alexandria, a 300-unit apartment building minutes away from Virginia Tech’s Innovation Campus and Amazon HQ2.
Helmig is vice chairman of the Rosslyn Business Improvement District’s board of directors.