BM Smith Recognized as Arlington’s Longest Established Business by Arlington Economic Development
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BM Smith Recognized as Arlington’s Longest Established Business by Arlington Economic Development

BM Smith Recognized as Arlington’s Longest Established Business by Arlington Economic Development

We have some big news here at BM Smith, and we’d like to share it with you:

In May, BM Smith properties received the award for “Oldest/Longest Established Business” in Arlington at the Arlington Premiere, hosted by Arlington Economic Development. Leslie Ariail, a partner since 1990, gratefully accepted the recognition on behalf of BM Smith, a real estate investment and management company founded by her grandfather in 1908.

Did you know that BM Smith still leads in the community today, and is still run by family? Our president, David Peete, considers it a privilege to continue his grandfather’s legacy on Columbia Pike. David believes longevity stems from focusing on two main areas: excellence in management and service in the community.

You may recall that our dedication to management excellence has been affirmed for the past three years consecutively, as two of our BM Smith properties have repeatedly been recognized by industry leaders with the prestigious PACE awards for Apartment Community Management Excellence.

With hopes of deepening our involvement with the community, which has been ongoing for decades, we launched a program called BM Smith Gives Back in 2016, which offers organized opportunities for staff to volunteer at nonprofits along Columbia Pike on a monthly basis. BM Smith matches these manpower efforts with a financial contribution to neighborhood nonprofits. We look forward to continually building and expanding this program to include our residents and commercial tenants in initiatives.

This most recent award is the first ever Legacy Award given by Arlington Economic Development, part of their mission to connect leaders in the local business community to empower and support commerce growth.

As the longest serving business in Arlington, BM Smith is truly a legacy in Arlington’s business community,” said Christina Winn, director of Arlington Economic Development’s business investment team. “As we continue to build a strong business ecosystem in Arlington, we can never forget where we started. Businesses like BM Smith allow us to remember our foundation and truly demonstrate what it means to be a leader in Arlington’s business community.”


Since 1908, B. M. Smith, Inc. has served South Arlington and greater Northern Virginia through management of multifamily and free-standing residential housing and commercial properties. Our vision includes principled property management and brokerage combined with deep commitment to the communities where we live and work.