Welcome to The Pence Group

The Pence Group (formerly known as Pence-Friedel Developers, Inc) was founded by Ambassador Robert Frank Pence (the former United States Ambassador to the Republic of Finland). The company is best known for developing and managing world-class shopping centers and hotels as well as office buildings throughout the United States. Since the company was founded in 1977, we have been responsible for over 6 million square feet of commercial development. The portfolio includes The Reston Home Depot Center, Stafford Marketplace in Stafford and the Dulles Expo & Conference Center in Chantilly. For 40 years, the company and its affiliates have consistently been honored for the quality and vision of our projects.

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Available Properties

Reston, VA

The Home Depot Center is conveniently located at the corner of Reston Parkway and Baron Cameron Avenue just blocks from Reston Town Center and the heavily traveled Dulles Toll Road in Fairfax County, Virginia. Reston is situated in the heart of the Washington, DC-area’s booming tech corridor with internet service providers, web hosting data centers, e-commerce companies, software development and application firms, telecommunication firms, and a growing, affluent residential population. In addition, the surrounding community hosts corporate and regional headquarters operations, government contractors, thousands of trade and professional associations, retail firms, wholesale distributors, and business and financial services.

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In Development

The Garrison ®


This mixed-use project is located in Stafford, Virginia. The first phase will include three pad site locations, including a Starbucks and a Raising Cane’s. There will be apartments and many dining and retail options along the main street corridor.

Future phases will include additional apartments, retail (including a grocery store) and office space.

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Recent News

  • 2/24

    News from Reston Home Depot Center

    We welcome DRIPBaR Reston to our Reston Home Depot Center. They provide a variety of treatments, including anti-aging, energy-boosting, immune support, and recovery IV drips.  DRIPBaR’s primary mission is to help you achieve optimal wellness with their personalized IV therapies … Continued

  • 11/23

    News from Stafford Market Place

    We are pleased to announce that Nothing Bundt Cakes is coming to our Stafford Marketplace Shopping Center in January 2024. Nothing Bundt Cakes has over 500 bakery locations in 40+ states and Canada.

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