Inland Western Taps KLNB for 2M-SF Portfolio

BALTIMORE-Inland Western Retail Real Estate Trust Inc. has tapped KLNB Retail as leasing agent for an eight-asset portfolio spread across Maryland and Virginia. Ryan Wilner and Bob Morris will service its new mandate from KLNB Retail’s Baltimore office, and Dimitri Georgelakos will oversee leasing activities from the company’s Northern Virginia location. The portfolio, which encompasses some 2.3 million sf, is one of the largest that KLNB Retail has received, Wilner tells GlobeSt.com.

The vacancy rate across the portfolio is negligible, which is not surprising given that most of the retail centers are the dominant properties in their respective trade area, Wilner says. “All together we will be leasing out approximately 30,000 sf.” The asking rental rates for these properties will range from $25 per sf to $45 per sf.