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Kenwood Management Company Completes 10-Year, 55,000 SF Lease with SoFIVE Soccer in Rockville, MD

09-02-2024 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Brand Push
Kenwood Management Company Completes 10-Year, 55,000 SF Lease

Westmore Road Associates, an affiliate of Kenwood Management [https://www.kenwoodmgt.com/about-us?utm_campaign=%5BPress%20Release%5DCompletes%2010-Year%2C%2055%2C000%20SF%20Lease%20with%20SoFIVE%20Soccer%20in%20Rockville%2C%20MD&utm_source=PR_Marketing], owner of 1008 Westmore Ave in Rockville, MD, announced that it has executed a 10-year with SoFive Soccer for the entire building.

Sofive Soccer Centers [https://www.sofive.com/?utm_campaign=%5BPress%20Release%5DCompletes%2010-Year%2C%2055%2C000%20SF%20Lease%20with%20SoFIVE%20Soccer%20in%20Rockville%2C%20MD&utm_source=PR_Marketing] is a leading provider of state-of-the-art soccer facilities. It offers indoor and outdoor fields, leagues, tournaments, and soccer programs for players of all ages and skill levels. With 13 locations nationwide, Sofive has revolutionized the soccer experience while fostering a vibrant soccer community.

Sofive is backed notably by the City Football Group, the world's leading private owner and operator of soccer clubs. These include Premier League Champions Manchester City in the UK and the MLS franchise New York City FC in the US. City Football Group maintains total or partial ownership of 13 clubs in major cities worldwide.

Sofive was represented by Jared Ross from CBRE, while Bill Singer represented Kenwood.

Westmore Road Associates acquired the property in 2009. It was previously an indoor tennis facility, which made the column spacing ideal for indoor recreation. Today, Sofive operates and maintains eight indoor fields designed for 5-on-5 teams at Westmore to support local athletes.

"We are so pleased to see SoFive Soccer's continued success at our facility," Kenwood Principal Bill Singer said. Montgomery County, Maryland, has a shortage of outdoor athletic fields. Indoor facilities, such as Westmore, not only supplement the needs of County residents but also provide year-round environments for our local athletes to train."

About Kenwood Management Company

Kenwood Management Company, headquartered in Bethesda, MD, is a trusted steward of over 1.4 million sq. ft. of commercial real estate, encompassing office, flex, medical, and warehouse spaces. With a unique approach that combines internal equity with high-net-worth investors, Kenwood has a proven track record of delivering long-term, steady returns for its investors.

The company's commitment to excellence is evident in its meticulous property management and strategic growth initiatives. By continuously exploring new opportunities, Kenwood ensures sustainable value for its stakeholders.

For more information about Kenwood Management Company and to access the full Q1 2024 Market Report, please visit Kenwood's website [https://www.kenwoodmgt.com/?utm_campaign=%5BPress%20Release%5DCompletes%2010-Year%2C%2055%2C000%20SF%20Lease%20with%20SoFIVE%20Soccer%20in%20Rockville%2C%20MD&utm_source=PR_Marketing] today. Gain the insights needed to thrive in the competitive commercial real estate landscape.

Meta: Kenwood Management completes a 10-year, 55,000 SF lease with SoFIVE Soccer in Rockville, MD, bringing state-of-the-art soccer facilities to the community.
Media Contact
Company Name: Kenwood Management Company
Contact Person: Bill Singer
Email: Send Email [http://www.universalpressrelease.com/?pr=kenwood-management-company-completes-10year-55000-sf-lease-with-sofive-soccer-in-rockville-md]
Country: United States
Website: https://www.kenwoodmgt.com/



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