-- Lottsford of Landover LLC, an affiliate of Kenwood Management Company, announced today that it has completed a 7-year lease renewal with Boland Trane at Lottsford Business Center, located at 9475 Lottsford Road in Largo, Maryland.
The renewal includes more than 19,000 square feet of space and continues Boland Trane’s long-term tenancy at the property, which began in 2007.
Boland Trane provides commercial HVAC systems, services, and building energy solutions throughout the Washington, D.C. metropolitan area. For more than 60 years, the company has supported commercial, institutional, and industrial buildings with HVAC services and energy-efficient solutions.
Kenwood Management Company acquired Lottsford Business Center in 2001 from the Archon Group, a subsidiary of Goldman Sachs. The 121,000-square-foot property is located near I-495, the Washington Beltway, and Route 202. The property also offers convenient access to the Largo Metro Station and the University of Maryland Medical Center.
Lottsford Business Center includes a variety of suite options designed to accommodate different business needs, including office, flex, and warehouse spaces. Current leasing opportunities at Lottsford Business Center include warehouse spaces ranging from 8,578 to 32,942 square feet, as well as an office suite totaling 2,719 square feet.
Boland Trane was represented in the transaction by John Dettleff of JLL. Kenwood was represented by Ken Fellows, Rob Pugh, and Keiry Martinez of KLNB, who also handle ongoing leasing activity at Lottsford Business Center.
Bill Singer, Principal at Kenwood Management Company, said, “We are so pleased to be renewing Boland Trane for the third time, which currently covers 27 years. Boland moved into the space in 2007, and this longevity represents our goals at Kenwood. We are long-term owners of real estate, and we work very hard to keep our tenants, provide superior customer service, and help them grow so they renew, over and over again.”
The renewal reflects Boland Trane’s continued presence at Lottsford Business Center and Kenwood Management Company’s long-term approach to owning and managing commercial real estate properties throughout the region.
About Kenwood Management
Kenwood is a commercial real estate owner-operator with a portfolio totaling approximately 1.4 million square feet across medical, office, warehouse, and flex properties. The company’s assets are primarily located throughout the Washington, D.C., and Baltimore metropolitan areas.
Kenwood utilizes private equity to expand its portfolio, with its sponsors typically contributing between 10% and 20% of the total equity in each investment. Kenwood's disciplined investment approach and hands-on management style have supported long-term tenant relationships across its portfolio. The company manages its properties with a focus on tenant retention and maintaining high occupancy across its portfolio. Additional information about Kenwood and its investment opportunities can be found at https://www.kenwoodmgt.com.
Contact Info:
Name: Bill Singer
Email: Send Email
Organization: Kenwood Management Company
Website: https://www.kenwoodmgt.com/
Release ID: 89194787
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