(Photo credit: CoStar)
Edge, a full-service commercial real estate firm with offices across the Mid-Atlantic and which was recently acquired by KLNB, announced today that The Washington Metropolitan Area Transit Authority (WMATA) has signed a lease with Nuveen Real Estate for 90,473 square feet of space at 6304 Sheriff Road in Landover, Maryland.
Kenneth Fellows and Robert Pugh, both Partners with Edge Advisory Services, as well as Edge Transaction Manager Keiry Martinez, represented the tenant in the transaction. WMATA is expected to occupy the entire single-story building, comprised of nearly 540,000 square feet of industrial and warehouse space, in the second or third quarter of 2023. Built in 1963, the property is contained on a 22-acre site located near I-495 and MD Routes 50 and 295.
“6304 Sheriff Road satisfied each important criteria in WMATA’s real estate search,” says Edge’s Rob Pugh. “This includes the building’s open floorplate, high ceilings and rear loading capabilities which are necessary for the movement of large pieces of equipment.”
WMATA is a government agency with oversight of the mass transit system that operates throughout the greater Washington, D.C. metropolitan region including Maryland and Virginia. This includes the Metrorail rapid transit service, the Metrobus fixed-route bus service and the MetroAccess paratransit service. The authority, which also operates the DC Circulator bus system through a public-private partnership, plans to utilize the space for the storage and repair of its fleet of transportation equipment and elevators.
Edge is a commercial real estate firm providing a full complement of advisory, leasing, investment sales, management, construction, property management and engineering services to clients throughout the Washington, D.C., Maryland, and Northern Virginia markets. Edge was recently acquired by KLNB. For additional information, visit www.edgecre.com. To learn more about KLNB, visit www.klnb.com.