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Washington Nationals' Success a Rare Inspiration to Other Developers Who Own Teams

Few From Commercial Real Estate World Have Nabbed Major Sports Championships
Washington Nationals Founding Principal Owner Ted Lerner, left, and wife Annette Lerner before a game between the Nationals and Atlanta Braves in Washington. (Getty Images)
Washington Nationals Founding Principal Owner Ted Lerner, left, and wife Annette Lerner before a game between the Nationals and Atlanta Braves in Washington. (Getty Images)
CoStar News
November 6, 2019 | 9:57 P.M.

For real estate developers who own professional sports franchises, the victory by Major League Baseball's Washington Nationals in this year's World Series gave them something else to cheer about. That's because the leaders of developer Lerner Enterprises, founder Ted Lerner and son Mark, are showing that sports team success can boost a property business.

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