Lottsford of Landover LLC, an affiliate of Kenwood Management Company LLC, announced today that it had completed a 5-year lease renewal with QCI Behavioral Health Consulting Group at its 9475 Lottsford Road, Largo, MD project, also known as Lottsford Business Center.
QCI Behavioral Health's mission is to provide the most focused, caring, careful, dedicated, humane, encouraging, least restrictive, and consistent mental health care to individuals, families, children, adolescents, teenagers, and adults with persistent and chronic mental illness. QCI has been located at 9475 Lottsford Road since 2007. For the lease renewal, QCI represented itself, and Lottsford of Landover was represented by Bill Singer, Principal from Kenwood.
Kenwood purchased Lottsford Business Center, a 120,000 sf office, warehouse, and flex property in 2001, from the Archon Group, a subsidiary of Goldman Sachs. Since acquiring the property, Kenwood has upgraded the parking lot, replaced the roof, enhanced the dock stairs and added protective awnings, and improved the landscaping and signage.
Until recently, the property was 100% leased. However, a recent move out has produced a 32,942 sf warehouse vacancy. This space can be subdivided, with the smallest unit being 8,578 sf. Ken Fellow, Rob Pugh, and Keiry Martinez from KLNB represent Kenwood on this vacancy.
Bill Singer, Principal from Kenwood, said, “We are very pleased to continue the relationship with QCI. One of Kenwood’s real estate investment goals is to develop long-term relationships with tenants who then renew over and over. QCI is a perfect example of this strategy. We started working with them over 18 years ago and look forward to that relationship going well beyond 2031.”
About Kenwood Management
Kenwood Management Company, headquartered in Bethesda, MD, owns and operates a 1.4 million square foot commercial real estate portfolio across the Washington, D.C., and Baltimore markets. The portfolio includes office, flex, medical, and warehouse properties throughout the mid-Atlantic region.
Kenwood utilizes a private equity model in which its Sponsors invest 10–20% of equity into every new acquisition, with the balance provided by high-net-worth investors.
For more information about Kenwood Management Company and to access the latest updates, visit www.kenwoodmgt.com.
Media Contact
Company Name: Kenwood Management Company
Contact Person: Bill Singer
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Country: United States
Website: https://www.kenwoodmgt.com/
