8D — February 14 - 27, 2020 — Property Management — M id A tlantic Real Estate Journal
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P roperty M anagement
OLUMBIA, MD — Lee Chesapeake Prop- erty Management , 500,625 s/f warehouse/industrial building situated at 727 Old Philadelphia Rd. Lee Chesapeake Property Management wins asset management contract for Aberdeen Logistics Center C Logistics Center utilizing various leasing outcomes that result in a full-building tenant or multi-tenant scenario.”
quarter 2020. It features 36 foot clear ceiling heights, four ramped drive-in doors and parking to accommodate 261 vehicles. There is also space to accommodate trailer storage. “We successfully demon- strated our ability to provide proactive asset management services that provide quanti- fiable and value-add benefits to the property,” said Kimos. “Our team is extremely well- versed in executing strategies that maximize the efficiency of the building systems and reduce operating costs. We are prepared to implement a customized plan for Aberdeen
t h e a s s e t management af f i l iate o f Lee & As- sociates | Maryland , has won a contract to manage Ab- erdeen Lo-
With this new requirement, Lee Chesapeake Property Management now handles asset management services for more than four million square feet of commercial of- fice, industrial, warehouse and retail space throughout the Baltimore-Washington, D.C. metropolitan region. Nutrition 215 Coming to Levin- managed property PHILADELPHIA, PA — Nutrition 215 will join the retail tenant roster at Morrell Plaza in Philadelphia. Commercial real estate services firm Levin Management Corporation (LMC) serves as managing agent for the 103,000 s/f shop- ping center located directly on Frankford Ave./Rte.13. Nutrition 215 will sell blend- ed nutritional non-alcoholic drinks including energy tea and protein-based coffee. The drinks are designed to give health-conscious consumers a variety of options, whether meal replacements or post- workout snacks, according to Owner Alexander Rodriguez. The store will have lounge seat- ing and WiFi. “It will be a positive, relaxing environment,” Rodriguez said. “I am excited to bring Nutrition 215 to Morrell Plaza. The cen- ter is accessible and well main- tained, which was attractive to me as a business owner. In addition to being in a densely populated neighborhood, its location near area hospitals, colleges and universities will enable us to draw customers from those institutions as well.” LMC senior leasing repre- sentative Sidney Singer ar- ranged the 1,200 s/f Nutrition 215 lease. “This business has been growing from a home- based office, and Alexander chose Morrell Plaza as the first of what he expects will be several ‘bricks and mortar’ locations,” said Singer. “The store will bring a customer base focused on nutrition and wellness to the center and complements a co-tenancy that includes other health- focused tenants such as Rite Aid and our newest addition, indoor cycling concept North- east Cycle.”
Michelle Kimos
Aberdeen Logistics Center
gistics Center , a 500,625 s/f warehouse/industrial building situated at 727 Old Phila- delphia Rd. in the Aberdeen section of Harford County. Michelle Kimos , director
of property management for Lee Chesapeake Property Management will oversee the asset management strategy on behalf of the company.
Developed and owned by an institutional owner, the building is being constructed on a speculative basis with delivery scheduled for first
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