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“62K SF Office Property Fully Occupied by KLNB”

"62K SF Office Property Fully Occupied by KLNB"

The KLNB landlord advisory team, led by Principals Ken Fellows and Robert Pugh and Transaction Manager Keiry Martinez, recently finalized a lease with Z Logistics, LLC at Sugarloaf Business Center. This brings the two-building property to full occupancy.

Located at 9639 Doctor Perry Rd. in Ijamsville, MD., the office and flex space spans over 61,551 square feet. The asset is owned by long-time client Sugarloaf Investment LLC., who purchased it for $6.2 million in 2022 with assistance from KLNB’s capital markets team.

Strategically situated just minutes away from Interstate 270, these two-story buildings are conveniently located south of Frederick (about a 40-mile drive to Washington D.C. and a 60-mile drive to Baltimore). With features such as high ceilings (14 feet), loading docks on both levels (dock height & ground level), as well as average bay sizes of approximately 2k square feet – this property offers great value for tenants seeking flexible office space options.

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