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11.20.07 Helicopter Firm Lands in Jessup with the help of Kenwood

Howard/Arundel Report- Volume 11, Number 21
An Independent, Bi-Weekly Newsletter on Real Estate Development

American Dynamics Flight Systems has leased space at 8264 Preston Court in Jessup.

What this means is that if you see an unmanned prototypical helicopter rising above the Baltimore Washington Industrial Park, donít be alarmed. Itís ADFS.

The New York-based firm took 14,700 sq. ft. space formerly leased to Aramark, Kenwood Management bought 8264 Preston in a three-building deal in 2005. The Bethesda-based developer paid $8.09 million for a package of 165,000 sq. ft. that traded with about 20 percent vacant. Kenwood quickly did a 9,700 sq. ft. deal with DeLeon Access Floors, and later signed Cintas Uniforms. The ADFS deal fills the last vacancy in the three buildings.

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