"The space fits them like a glove," Transwestern Commercial Services senior vice president Hank Dudgeon tells GlobeSt.com. Transwestern represented the building's owner, Kenwood Management, in the deal. "It's a plug-and-play situation for them. The space was already built-out for an electrical distributor who went out of the building," he says.
The financial terms of the agreement were not disclosed, but lease rates for the flex property range from $10 to $15 per sf. Other tenants at the Loudoun County building include software development company Optimum Solutions Inc. and nonprofit development organization INMED, which houses its international headquarters in the building.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.