PRESS ROOM




03.31.11 Kenwood acquires office and retail spaces of the B&O Building

Dunn's Floor Covering leases 34,448 sf of office/warehouse space at 8260 Preston Court, Jessup, MD. Dunn's Floor Covering (www.Dunnsfloorcovering.com) has been in business for more than 42 years and offers high quality flooring products and full service installation to builders of new homes, apartments, and commercial construction in the Maryland, Pennsylvania, Delaware, Virginia, West Virginia, and the District of Columbia, They are relocating their corporate headquarters from 7247 National Drive Hanover, MD to the three building complex that is owned by Preston Court Associates. The project totals 180,000 sf and is located in the Baltimore Washington Industrial Park. The entire project recent underwent a lighting upgrade in all the spaces that reduced lighting costs by 50-60%.


Preston Court Associates is an affiliate of Kenwood Management Company, LLC.


Bill Singer from Kenwood Management, Mike Elardo and Brian Kruger from Cushman & Wakefield represented Preston Court Associates in this 5-year lease. Dunn's Floor Covering was represented by Mike Spedden and Dan Hudak from MacKenzie Commercial Real Estate Services. Singer said "We are pleased to see increased activity in office/warehouse/showroom space in the Baltimore Washington Corridor and look forward to working with Dunn's Floor Covering as our newest corporate tenant." Dunn's new showroom is expected to open by April 1.


Kenwood currently owns over 1 million square feet of office and industrial space throughout the Washington Metro area.


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



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