May 1, 2019
Lincoln Property Company Chosen by Bluepoint Group to Provide Leasing and Property Management Services at 6100 Executive Boulevard in North Bethesda, MD
Bethesda, MD, April 26, 2019 – Lincoln Property Company has been retained to exclusively lease and manage 6100 Executive Boulevard, a 135,000 square foot office building located in North Bethesda, MD and within walking distance to the 24-acre Pike & Rose town center project and White Flint Metro. 6100 Executive Boulevard is located along one of the most prominent thoroughfares in the North Bethesda market. It is serviced by Metro’s “Ride On” buses, private shuttle services, and Bikeshare. The property is easily accessible from Route 355 (Rockville Pike) and I-270.
Paul (“Rocky”) Kern, Brent Prossner and Tim Weitzel of Lincoln Property Company will handle leasing and Margee Parker will oversee property management on behalf of the Bluepoint Group, LLC. Bluepoint also announced renovation plans for 6100 Executive Boulevard today. The renovations will reposition the building into a first class working experience for businesses of all sizes with frontage along Executive Boulevard. The renovation will be performed by Bluepoint’s auxiliary construction company, HSU Builders. Soe Lin Architects and Hartman Design Group will transform the property to meet the steady demand for office space in the submarket, ranging from micro-executive office suites with shared facilities to large corporate and institutional multi-floor tenant spaces. In addition to the upgrades to the lobby, exterior and 600-space parking garage, the building will feature a wide range of shared amenities including: onsite conference facilities, fitness center, tenant lounge, a coffee cafe and sport court. Renovation is expected to commence this summer and be completed in early 2020. During this time, Lincoln will be actively marketing 90,000 SF of vacancy.
“Lincoln Property Company is excited about leasing and managing this asset located in an area where leasing activity is strong and growing,” said Rocky Kern, Managing Director of Maryland Leasing with Lincoln Property Company. “We look forward to working with Bluepoint to reinvigorate the building, bring value and achieve their goals.”
Kevin Woodley, Principal of Bluepoint, envisions a new and unique opportunity for businesses in search of a home. “We look forward to re-positioning 6100 into an energetic office experience for tenants that demand a more unique space that values the convergence of work and hospitality.”
About Lincoln Property Company
Lincoln Property Company, founded in 1965, is a Dallas, Texas based global real estate company with offices in more than 450 cities in the United States and ten cities throughout Europe. As a privately-held real estate firm, it provides real estate investment and acquisition, property management, facilities and engineering management, development and construction management and brokerage services worldwide. Lincoln Property Company currently has $30 billion in total assets under management and has developed 138 million square feet of office, residential and industrial space. For more information on Lincoln Property Company, please call 202.513.6700 or www.lpcwashingtondc.com
About Bluepoint Group:
The Bluepoint Group is a privately held real estate development firm focused on providing investors with superior risk-adjusted returns through the acquisition, development, and management of real estate. Bluepoint employs a long term, value-oriented investment strategy. With a portfolio comprised of more than 500,000 SF of real estate throughout the DC/Baltimore region, Bluepoint operates across a spectrum of property types, primarily office, residential, self-storage, and industrial. It utilizes its auxiliary construction company, HSU Builders (www.HSUBuilders.com), which offers a competitive cost advantage and expertise in the renovation and rehabilitation of existing assets.For more information on Bluepoint Group, please call Kevin Woodley, 301-383-8800 or visit www.BluepointGroupLLC.com