Dr. Rustom R. Khouri is President and Chief Executive Officer of Carnegie Management and Development Corporation.

Originally organized as the management agent for family-owned real estate holdings, under Dr. Khouri’s guidance the Company rapidly expanded into the multi-state developer of a diversified real estate portfolio.

His concept was to develop a real estate company that would acquire and develop specialized properties – pre-leased, and designed or redesigned for the specific tenant.  Such projects would provide low-risk growth, generally less profitable but with reliable revenue, from their inception.  Using this base, Dr. Khouri envisioned the growth of the business to include larger, more speculative office buildings, special purpose buildings, and shopping centers.

Dr. Khouri’s education includes undergraduate work in science, with a major in Environmental Biology, focusing on public health issues. He pursued his medical education, receiving degrees in Podiatric Medicine and Medicine.  Upon completion of his medical training, Dr. Khouri became a physician for a large group of privately owned outpatient clinics.  He subsequently purchased the group practice, converting it from a three-clinic practice to an eight-clinic practice over a two-year period.  In 1984, he sold his medical business, but continued in private practice, on a part-time basis, until 1993.

Since then, Dr. Khouri has dedicated his energy to Carnegie and has been actively engaged in the planning, financing and development of new projects.  With his emphasis on thorough pre-development research and review, each project, is analyzed against rigorous standards – statistics regarding area trends, the local business environment, demographics, site location and economics.  This conservative approach is consistently applied to each of the many potential project opportunities presented to the Company.  Dr. Khouri’s ability to articulate creative solutions to complex problems has resulted in successful projects for many large national companies, as well as, smaller local companies that faced difficult challenges.  This effort has contributed to Carnegie’s reputation for quality, creative designs, articulated in attractive, well constructed facilities.