Washington Property Co. Leases Space To Aerospace

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GREENBELT, MD – Washington Property Co. has leased 11,970 square feet to The Aerospace Co. Aerospace is relocating its office in Columbia, MD, to Washington Property Co.’s Patriot Business Park office building, located in Greenbelt, and 12 miles from the US Capitol.

Todd Bosley and Tim Jaeger of DANAC Realty Advisors and Washington Property Co.’s Joshua Gurland represented the ownership in the lease transaction. This Aerospace lease is among a total of 17 leases and lease renewals at eight of Washington Property’s  suburban Maryland office buildings.

“At the beginning of the year, we saw increased activity across all of our markets in terms of inquiries and tours,” said Gurland. “During the spring, much of that activity translated into leases, and we’ve seen the occupancy levels in all of our properties increase so far this year.”