-- Herndon Reston Industrial LLC, an affiliate of Kenwood Management Company, has completed two lease renewals at Reston-Herndon Business Park. Chroma Imaging executed a 10-year renewal and expansion lease for 25,000 square feet, and General Dynamics completed a three-year renewal for 9,600 square feet.
"We're pleased that both Chroma Imaging and General Dynamics have chosen to stay at Reston-Herndon Business Park, and that Chroma is expanding its footprint with us," said Hank Bowis, Co-founder at Kenwood Management. "Small-bay warehouse space near Dulles remains in steady demand, and long-term relationships with established tenants like these are central to how we manage our properties."
Chroma Imaging is a full-service graphic design and production company specializing in large-format printing and custom visual solutions. It has locations in the Washington, D.C., metro area, Orlando, Florida, and Las Vegas.
General Dynamics is a publicly traded global aerospace and defense company.
In these lease transactions, the landlord was represented by Phil Ackley from Preferred Commercial Assets. Chroma represented itself, and General Dynamics was represented by CBRE.
Other tenants in the park include Volkswagen, Offenbacher, and Parsons Services. Currently there are warehouse spaces available for lease ranging from 2,000-36,000 square feet. Retail suites are also available from 1,700 square feet and up.
Reston-Herndon Business Park is easily accessible to the Fairfax County Parkway and the Dulles Access Road. Washington Dulles International Airport is only five minutes away. Situated on 16 acres and improved with five buildings totaling 236,000 square feet, the project contains approximately 209,000 square feet of small-bay warehouse suites and approximately 27,000 square feet of retail spaces. The warehouse spaces are represented by Preferred Commercial Assets, and the retail spaces are represented by KLNB.
The park is also adjacent to Security Public Storage, which is a joint venture partner in the project.
About Kenwood Management
Kenwood Management is an owner-operator of 1.4 million square feet of commercial real estate in the Washington, D.C., and Baltimore markets. Kenwood utilizes private equity to expand its portfolio, with its sponsors typically contributing between 10% and 20% of the total equity in each investment. Kenwood's disciplined investment approach and hands-on management style have supported long-term tenant relationships across its portfolio. The company manages its properties with a focus on tenant retention and maintaining high occupancy. Additional information about Kenwood and its investment opportunities is available on Kenwood Management’s website.
Contact Info:
Name: Bill Singer
Email: Send Email
Organization: Kenwood Management Company
Website: https://www.kenwoodmgt.com/
Release ID: 89205048
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