Kenwood Management Company Acquires Ellicott City Office Building For $3.25M

The Kenwood Management Company has acquired a fully-leased commercial office building located at 9011 Chevrolet Drive in Ellicott City, MD. The two-story, 19,259 square foot building is situated on a 2.5-acre site and features ample free surface parking. The property is conveniently located near major routes and residential areas, making it an attractive investment opportunity. The sale price for this transaction was $3,250,000, resulting in a price per square foot of $169.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,250,000
• Address: 9011 Chevrolet Drive, Ellicott City, MD
• Market: Ellicott City, MD
• Acreage: 2.5 acres
• Buyer: Kenwood Management Company
• Seller: KMS Associates
• Brokers: Owen Rouse & David McClatchy - MacKenzie Commercial Real Estate Services LLC

This acquisition presents a significant opportunity for the Kenwood Management Company. The property is fully leased and benefits from its prime location near major routes and residential areas, enhancing its appeal to potential tenants. With its attractive features and strategic positioning, this acquisition aligns with the company's investment goals and growth strategy.