PRESS ROOM




02.27.12 Kenwood Management completes two leases totaling 33,890 sf in Baltimore/Washington Corridor

Preston Court Associates, an affiliate of Kenwood Management Company, completed a 5 year lease renewal with Larsen Products, Inc (www.larsenproducts.com) for 13,820 sf at 8264 Preston Court. Larsen manufactures a high performance bonding agent that is applied to cementitious materials. Mike Rodan from CBRE represented Larsen.


The second lease is a 7 ½ year renewal and expansion with the MacGray Corporation (www.macgray.com) for 20,070 sf at 8268 Preston Court. MacGray consolidated its operations from Beltsville. MacGray provides commercial laundry equipment to academic institutions, multi-family housing properties, on-premise laundries, military & government facilities, and hotels & motels. Jay O’Donnell from CBRE represented MacGray.


Michael Elardo and Jared Ross from Cushman & Wakefield and Bill Singer from Kenwood represented Preston Court Associates in both transactions. “We are very pleased to have completed these transactions. They speak well to the versatility of these buildings and their location to serve both the Washington DC and Baltimore markets” Singer said. Preston Court park is currently 88% leased. For more information see www.prestoncourtindustrial.com.


Kenwood currently owns over 1.2 million square feet of office and industrial space throughout the Washington and Baltimore Metro areas.


For more information, please contact Bill Singer at 301-656-7790.




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