KLNB Shifts HQ To Downtown D.C. As It Looks To Grow Office Leasing Business

Marc Menick Taylor Chess
Marc Menick, Then Vp At Peterson Cos., With Taylor Chess At National Harbor In 2011

Following a leadership shake-up last year, KLNB is changing its brokerage strategy and its home base.

The firm is shifting its HQ from Towson, Maryland, to 1130 Connecticut Ave. NW and plans to hire a new D.C. office leasing team, the Washington Business Journal reports.

In May, KLNB brought on Marc Menick from Peterson Cos. to serve as president and chief operating officer, coinciding with the retirement of Managing Partner Andy Georgelakos.

KLNB, a 50-year-old firm with 80 total brokers, will still maintain its Towson office, though it does not expect to add to the 30 brokers who work at the location. The Downtown D.C. office is replacing an office the firm had in Chevy Chase. It is also closing a Dulles office and moving those employees to a new, 11K SF Tysons office.

The firm expects to hire another 10 to 15 brokers in D.C., many of whom will focus on office. Menick told the WBJ he hopes creating a larger office leasing team will encourage property owners to retain the firm to lease both office and retail for mixed-use projects.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

University City Office Market Improves Despite Slow Quarter In Philly

DCHA Taps Executive Director: The D.C. Deal Sheet

The Multifamily Boom Is Putting HVAC Decisions Back In The Spotlight

High-Flying Midtown Office Market Back To Pre-Pandemic Health

Austin's Office Slump Is Fueling Mixed‑Use Projects

Gould Starts $25M East End Office Renovation, Seeks Tenants For Top Floors

Morningstar To Relocate Global HQ To Renovated Thompson Center

J.P. Morgan Snags £1B Loan For Spitalfields Office Redevelopment

Elme Finishes Liquidating With 3 D.C.-Area Sales

Hudson Pacific Sells San Francisco Office Buildings

NYU's Real Estate Institute To Vacate Longtime Midtown Home

What It Takes To Build For A Thriving Prince William County