The KLNB landlord advisory team, consisting of Principals Ken Fellows and Robert Pugh and Transaction Manager Keiry Martinez, recently secured a 19,909-square-foot lease for Arthritis and Rheumatism Associates at 7361 Calhoun Place in Rockville, Maryland. This lease was on behalf of DSC Partners LLC, a real estate investment and development company based in Washington D.C.
Arthritis and Rheumatism Associates is the largest rheumatology practice in the DMV area with offices across Virginia, Maryland, and Washington D.C. The new facility will accommodate two departments as well as administrative offices and a physical therapy center. It is part of DSC’s Class-A office building spanning over 221,518 square feet.
According to Rob Pugh from KLNB: “We anticipate that this move will attract other medical professionals to explore leasing opportunities within this building.” He also mentioned that their team works closely with DSC to secure leases that are beneficial for them rather than just focusing on their own interests.
This successful transaction highlights how KLNB has emerged as one of the top commercial office property owners in the region while also showcasing their commitment towards serving their clients’ best interests.