Kenwood Completed 41,346 Square Feet of Leases in 2018 at its Five-building White Marsh Project
BETHESDA, Md. - Nov. 15, 2018 - Occupancy at Kenwood Management’s White Marsh project is 92 percent. Kaiser Permanente, Health Quest Chiropractic & Physical Therapy, Keller Williams Realty, Community Christian Church, and LifeLogics were notable tenants who signed lease agreements in 2018.
An affiliate of Kenwood purchased the 131,000-square-foot project from Corporate Office Properties Trust in September 2016. At the time, the project was 77 percent leased. Meghan Roy, Joe Bradley, Matt Mueller, and Henson Ford from MacKenzie Commercial Real Estate Services represented Kenwood’s leasing team.
The multi-tenanted, single-story office project is located by I-695 and I-95, walkable to The Avenue at White Marsh, and less than 1 mile to numerous hotels.
“We were incredibly pleased with the tenant interest and leasing velocity experienced at our White Marsh properties,” Bill Singer, a principal of Kenwood Management, said. “These buildings offer tenants numerous suite size options, convenient access to parking, direct access to their suites, and private restrooms within each space.
We are so pleased with the project’s performance that we … have the adjacent 8098 Sandpiper Circle under contract and plan to close on the project in December.”
About Kenwood Management
Kenwood Management’s mission is to build client wealth by seeking value-oriented income commercial properties in the Baltimore and Washington Metropolitan Area. Its real estate portfolio grew to 1.3 million square feet; consists of office, medical, flex, and warehouse spaces; and includes over 160 local, regional, and national tenants. More information can be found at www.kenwoodmgt.com.