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KLNB, LLC Announces Opening Of New, Full-Service Washington, D.C. Office

Office and retail sales and leasing, plus property management functions housed at company’s six office in Maryland/Virginia region

Baltimore, MD (April 2, 2007) – KLNB, LLC, a full-service commercial real estate services company that focuses on the Baltimore-Washington, D.C.-Northern Virginia marketplace, has announced the opening of a new full-service office in downtown Washington, D.C. This new location – which represents the company’s sixth in the local region -- is positioned at 5225 Wisconsin Avenue, and houses KLNB principals and real estate brokerage professionals specializing in office and retail sales and leasing, as well as a property management function.

KLNB Principal Phil Ruxton will be the Managing Director of Retail Leasing in the D.C. office, and Andy Georgelakos, NAI Director, Principal and Managing Director will oversee office sales and leasing efforts.  

The company is also working to open a new regional office in Loudoun County, VA that is expected to be operational by mid-year, which will be its sixth overall. KLNB now features full-service Maryland locations in Towson, Baltimore City and Columbia, as well as Vienna, Virginia. Founded in 1968, KLNB employs more than 75 full-time real estate brokerage professionals and provides a full range of brokerage, financial and investment services, property/facilities management and strategic advisory services to the commercial office, industrial and retail sectors. The company achieved more than $1.5 billion in sales and leasing volume in 2006. 

“This office allows us to more effectively provide service to companies located within the District, that own commercial or retail assets in downtown D.C. as well as those interested in entering or investing in the market,” stated Andy Georgelakos, of  KLNB, LLC. “Our team has performed a tremendous job cultivating business and servicing day-to-day needs from our Northern Virginia office, but there is no replacement for having a physical presence within close proximity to the important customers and real estate projects in the Nation’s Capitol,” he added.

KLNB, LLC is the holding company that includes NAI KLNB, a division that focuses on the sale and leasing of commercial office, industrial and warehouse properties, as well as KLNB Retail, which specializes in the sale and leasing of retail projects as well as tenant representation. Also included in the group is NAI KLNB Property Management, which offers comprehensive asset management services for commercial office, industrial, retail and corporate facilities throughout the mid-Atlantic region.

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