Douglas Fleit

Doug, along with colleague Brian Katz, founded AREP in 2003 with the principal mission to acquire, develop and invest in office, data center, industrial, and residential real estate across the East Coast.

Doug and Brian have been business partners for over 32 years, and since founding AREP in 2003, have deployed over $7 billion across targeted U.S. markets and acquired over 25 million square feet of Class-A real estate in nine states and the District of Columbia. In 2021, Doug founded PowerHouse Data Centers, a national data center platform, as a branded vertical of AREP. Currently, PowerHouse has 29 buildings in planning and /or under construction, representing over 2GW in six major markets.