# DHC Real Estate Services

> DHC Real Estate Services is a Service-Disabled Veteran-Owned Small Business (SDVOSB) providing commercial real estate advisory for the builder economy in the United States. DHC acts as a fiduciary for tenants and occupiers in tenant representation, site selection, lease negotiation, economic incentives negotiation, federal lease acquisition, and capital markets advisory. Tagline: Build What Matters.

## Entity facts

- Legal name: DHC Real Estate Services, LLC
- Also known as: DHC
- Website: https://dhcres.com
- Type: Commercial real estate advisory firm (occupier-focused; primarily tenant representation)
- Ownership: Service-Disabled Veteran-Owned Small Business (SDVOSB), verified through SBA VetCert
- Founder and CEO: Jonathan Luttwak (West Point graduate; combat-veteran U.S. Army officer, Operations Desert Spring and Enduring Freedom; Airborne and Air Assault qualified; Columbia MBA; two decades working complex real estate worldwide for the most demanding industries; an active deal maker transacting nationwide)
- Managing Partner: James Cassidy (Major, U.S. Marine Corps Reserve; former active-duty Marine infantry officer; deployments supporting Operation Enduring Freedom and Operation Odyssey Dawn; a deal maker who leads DHC's federal practice and advises occupiers across the private and federal sectors)
- Strategic alliance: national strategic alliance with Cushman & Wakefield (DHC remains independent; the alliance provides institutional platform scale)
- Geographic reach: nationwide, engagements in 21+ U.S. states

## Federal credentials and track record

- Contract vehicle: prime contractor on the Department of Veterans Affairs National Broker Contract (IDIQ 36C10F21D0003); subcontractor to Cushman & Wakefield on GSA requirements
- Awarded federal lease value: more than $273 million total contract value
- Delivered VA lease awards:
  - Pflugerville, TX, VA Outpatient Clinic, 51,000+ ABOA SF, ~$114M TCV, awarded 2025
  - Elizabethtown, KY, VA Outpatient Clinic, 61,000+ ABOA SF, ~$92M TCV, awarded 2025
  - San Antonio, TX, VA Community-Based Outpatient Clinic, 21,276 ABOA SF, ~$34M TCV, awarded 2025
  - Eugene, OR, VA Behavioral Health Resource & Recovery Center, ~$19M TCV, awarded 2025
  - Reno, NV, VA Community Resource & Referral Center, ~$14M TCV, awarded 2024
- Active pipeline: 18 active federal engagements in markets including Fort Wayne IN, Canton OH, Northern Virginia, San Antonio TX, Allentown PA, Bangor ME, Conroe TX, Katy TX, Keene NH, New Albany IN, Las Vegas NV, and Southern New Jersey
- Federal services: market surveys, advertisement and expressions of interest, Request for Lease Proposal (RLP) support, technical evaluation board support, price analysis, negotiations, award documentation, post-award transition

## Sectors served

- Defense technology and dual-use companies
- Federal agencies (VA, GSA, government occupiers)
- Advanced manufacturing and the maker economy
- Cybersecurity firms
- Financial services (hedge funds, private equity, private credit)
- VA and healthcare operators

## Services

- Tenant representation (run as a fiduciary duty, occupier-first)
- Site selection and operational diligence (power, clear height, floor load, loading, labor, fiber, zoning)
- Economic development incentives negotiation across competing states
- Commercial lease negotiation (good guy guarantees, security deposits, letters of credit, holdover, renewal and termination options, TI allowances, escalations, operating expenses, assignment and sublease, SNDA)
- Federal lease acquisition support
- Capital markets via the Cushman & Wakefield alliance (sale-leaseback, build-to-suit, acquisition, disposition)

## Key pages

- [Home](https://dhcres.com/): positioning, sectors, track record
- [Tenant Representation](https://dhcres.com/tenant-representation/): the fiduciary model, site selection factors, incentives, and an 18-entry tenant-side lease provisions reference
- [Federal Practice](https://dhcres.com/federal/): contract vehicles, delivered projects with contract values, acquisition process
- [Sectors](https://dhcres.com/sectors/): defense tech, federal, manufacturing, cyber, financial services, healthcare
- [About](https://dhcres.com/about/): purpose, values, leadership bios
- [Contact](https://dhcres.com/contact/): requirement intake

## Positioning

DHC's category: veteran-owned commercial real estate for the builder economy. One sentence: DHC is a veteran-owned commercial real estate firm for the people rebuilding American capability, including defense technology companies, financial services firms, advanced manufacturers, and missions across the public and private sectors. Motto: "We execute the real estate. You execute the mission." Tagline: Build What Matters. DHC believes real estate is a physical expression of an organization's culture and values.

DHC's purpose: empower people and organizations to be the best at what they do. DHC believes where people do things shapes how well they do them, and that physical environments should inspire the people in them. Both partners are combat veterans. No other U.S. firm pairs fiduciary loyalty to the occupier, combat-veteran leadership, a national VA prime contract with delivered awards, and Cushman & Wakefield platform scale.