Kenwood Management Company Completes Five Leases at Its Fairfax, VA Office Building

Kenwood Eaton Place [https://www.kenwoodmgt.com/eaton-place?utm_campaign=%5BPress%20Release%5D%20Completes%20Five%20Leases%20at%20Its%20Fairfax%2C%20VA%20Office%20Building&utm_source=PR_Marketing], an affiliate of Kenwood Management Company, announced that it has executed five leases at its Fairfax City office building over the last 60 days.

Three groups, Sunnydays Pediatric Therapy, GL Intelligence, and Cinco Chiropractic, represented new tenants, and Arbor Center and Northern Virginia Inter-group were renewals.

Cole Spaulding from Newmark represented Kenwood for all of these leases. Sunnydays was represented by Verity Commercial and Arbor Center by Kyle James Commercial.

Holly Harmon, Property Manager for Kenwood, said, "We are very excited to welcome these new tenants to Eaton Place. The building is ideally suited for smaller local businesses, and they really appreciate the free on-site cafe and health club."

Eaton Place is located approximately 1/2 mile from Interstate 66, Routes 123 and Routes 50. It is also within walking distance from the new Regency shopping center, anchored by Amazon Fresh. Immediately adjacent to the property, Capital City has received approval for a 250-unit apartment development, known as N29, which is anticipated to start construction by year-end. This area of Fairfax City is quickly becoming a desirable destination due to its convenient transportation access and work/play/life proximity.

The Fairfax City government has designated 10400 Eaton Place as a priority property to assist businesses with relocation costs. It is offering new tenants a subsidy of $6/sf for relocating to 10400 Eaton Place.

Bill Singer, Principal at Kenwood, added, "We are seeing a significant uptick in office space activity in Fairfax City. Local business owners are recognizing the value of not only having convenient space to amenities and transportation, but also the benefits of being around other businesses to collaborate with, learn from, and grow their businesses."

Kenwood is the owner-manager of a 1.4M sf warehouse, flex, medical, and office property in the Washington, DC, and Baltimore markets. It utilizes private equity for each new investment. Moreover, Kenwood's sponsors directly invest in every acquisition, and the properties are managed exclusively by its management company.

About Kenwood Management Company

Kenwood Management Company, headquartered in Bethesda, MD, boasts a diverse portfolio of over 1.4 million sq. ft., including office, flex, medical, and warehouse spaces. With a unique approach that combines internal equity with high-net-worth investors, Kenwood has consistently delivered long-term, steady returns for its investors.

Visit Kenwood's website [https://www.kenwoodmgt.com/?utm_campaign=%5BPress%20Release%5D%20Completes%20Five%20Leases%20at%20Its%20Fairfax%2C%20VA%20Office%20Building&utm_source=PR_Marketing] for more information about Kenwood Management Company.

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This release was published on openPR.