Peterson Cos. names president

Daniel McCahan, most recently chief operating officer of Madison Marquette, will become president of Fairfax-based real estate developer Peterson Cos. on Sept. 9.

McCahan worked at Washington, D.C.-based real estate investment firm Madison Marquette for 13 years, first joining as a senior vice president.

“We are pleased to welcome Daniel McCahan as president of Peterson Cos.” Jon Peterson, Peterson Cos.’ CEO and chairman of the executive committee, said in a statement. “Dan brings a wealth of experience and a proven track record of success in the both the commercial and residential real estate sectors, making him a valuable addition to our leadership team.”

As a senior vice president at Madison Marquette, McCahan managed the development of a 3 million-square-foot-plus portfolio and managed the company’s day-to-day activity as co-developer of The Wharf.

Before joining Madison Marquette, McCahan held executive roles at Archstone, where he contributed to the $700 million CityCenterDC project, and Urban Atlantic, where, as a project manager, he was responsible for Henson Ridge, a residential redevelopment of a former public housing site in Washington, D.C.

A Washington, D.C., resident, McCahan holds a bachelor’s degree in economics from the University of Virginia and a master’s degree in planning from the University of North Carolina at Chapel Hill.

Founded in 1965 by the late Milton V. Peterson, the privately held Peterson Cos. developed multiple major mixed-use projects in Northern Virginia and Maryland, including National Harbor in Maryland, home to the MGM National Harbor casino resort; the Gaylord National Resort & Convention Center; The Capital Wheel; Fairfax Corner; Fair Lakes; Burke Centre; and Tysons McLean Office Park.