The 700,000 square feet of office, retail and flex buildings are property management deals that KLNB brokers forged with existing clients, Andy Georgelakos, managing director of KLNB, tells GlobeSt.com. Up until this venture, KLNB did not offer property management services.
Under the terms of the partnership, both KLNB and Loughlin Management Group will continue to operate as separate entities. Paragon is headquartered in Annapolis as well, and with satellite offices Largo, MD and Rosslyn, Va.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
