Edge Commercial Real Estate Brokers 46,438 SF Lease With The Sherwin-Williams Company In Prince George’s County

5/1/19

Approximately 40 employees to relocate to 6401 Virginia Manor Road in Beltsville

EDGE Commercial Real Estate has brokered a lease with The Sherwin-Williams Company for 46,438 square feet of space within 6401 Virginia Manor Road, a single-story, 55,000 square foot warehouse/industrial building situated in the Beltsville section of Prince George’s County. Approximately 40 employees are expected to relocate to this facility from a nearby building to handle showroom and distribution activities for the national manufacturer and supplier of paints and coatings. Kenneth Fellows, Regional Director at EDGE Commercial Real Estate and Rob Pugh, Partner at EDGE Commercial Real Estate represented the landlord, CWI Limited Partnership in this lease transaction.

This lease elevates occupancy of the building, featuring 24’ 8” clear ceiling heights and dock loading capabilities to 87%. 6401 Virginia Manor Road is located within immediate proximity to MD Routes 206 and 212 and US Route 1, as well as several miles from MD Route 200 (Intercounty Connector) and Interstate 95. It is surrounded by a number of business communities and dense residential neighborhoods.

Sherwin-Williams is moving from a building formerly occupied by Duron Co., the Beltsville-based manufacturer of paints and industrial coatings acquired by the Cleveland-headquartered company in 2004.

“This building consolidation will realize significant operational efficiencies and savings for Sherwin-Williams in the suburban Maryland region, and this real estate decision made sense on a number of different levels,” explained Kenneth Fellows of EDGE Commercial Real Estate. “Sherwin-Williams focused its search in the Prince George’s County area to minimize disruption to their existing employees, while also leveraging the outstanding labor demographics of the region. It was important for the company to specify a facility featuring easy access to accommodate the needs of its various commercial and residential clients. The outstanding road network serving 6401 Virginia Manor was among the many differentiating factors that helped secure this lease.”

EDGE Commercial Real Estate is a commercial real estate firm providing a full complement of advisory, leasing, investment sales and management services to clients with real estate holdings throughout the Washington, D.C., Maryland and Northern Virginia marketplace. Founded in 2007, the company currently leases and manages more than 8.5 million square feet of commercial office, flex/office, industrial/warehouse, retail and mixed-use space. EDGE operates offices in Maryland, Virginia, Washington, D.C. and Pittsburgh, PA. Visit www.edgecre.com

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