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01.31.17 EDGE Commercial Real Estate Leases up Cherry Lane Business Center


Gaithersburg, MD – EDGE Commercial Real Estate and Kenwood Management complete a 3,731 SF lease with Home Team Pest Defense a division of Rollins, Inc.


Home Team Pest Defense became the latest tenant to lease space at Cherry Lane Business Center in Laurel, MD. Home Team will operate its residential exterminating business from the facility, relocating from Tech Road in Silver Spring.


Bill Singer, a Principal of Kenwood Management and whose affiliate owns the building, said, "Home Team Pest Defense is a great addition to Cherry Lane Business Center's growing list of service-based contractors. The project's flexible small bays and convenience to both I-95 and the inter-county Connector, are very important to the contractors and service providers."


Cherry Lane Business center is located at 14300 Cherry Lane Court in Laurel and is currently 99% leased. Kenwood was represented by EDGE’s Regional Director, Ken Fellows and Erik Pedersen, formally with EDGE but who now works directly for Kenwood. Home Team Pest Defense was represented by Charlene Bogdanor of CBRE.


ABOUT KENWOOD MANAGEMENT: Kenwood Management Company mission is to build client wealth by seeking value oriented income commercial properties in the Baltimore and Washington Metropolitan Area. We provide proactive asset management strategies that integrate property management together with focused leasing and long-term tenant retention efforts. Its Principals have well over 120 years of combined real estate experience. We offer investors an extensive wealth of knowledge and understanding about the local real estate markets and how to create value. www.kenwoodmgt.com



 


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