57,855 SF 100% Leased to Leidos Innovation Corporation
Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD. The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc. The property includes a single story 57,855 sf building situated on 4.96 acres with 300 on-site parking spaces providing an above-market parking ratio in the government and contractor-driven Windsor Mill sub-market of Baltimore, Maryland. The property is strategically located in close proximity to the federal agencies served by Leidos and has undergone over $2M in improvements over the tenant’s history at this location.
“The location has served federal contracts since it opened in 1986 and the tenant has renewed the lease four times during that operating history,” Fernandez commented. “Leidos was awarded a 10 year right to bid ID/IQ contract with the federal government in 2017 and recently renewed the lease and agreed to strike the termination clause that is standard in government contractor leases – we think there is a high likelihood of renewal,” added Andrew Fallon.
Calkain Companies is a commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant net leased properties through all aspects of the transaction including advisory, brokerage, debt placement, equity placement, asset management and research. Calkain has a national platform with multiple office locations throughout the entire East Coast. Additional information about the firm and listings may be found at calkain.com.