KLNB Facilitates Sale of Commercial Property in Gaithersburg

KLNB arranged the $3.35 million sale of 831 Russell Avenue in Gaithersburg, Maryland. KLNB Principals Ken Fellows and Rob Pugh, alongside Vice President Lucas Glaeser, represented the seller, Finmarc Management.

The 12,155-square-foot commercial property was acquired by Don Vicini and Josh Vicini, and the space will be occupied by 21st Century Distributing, an electronics wholesale distributor, to support its growing operations supplying audio and video gear, smart home systems, and security products to professional installers.

The two-story property is situated in Gateway Center, less than one mile from Interstate 270 in Montgomery County’s Montgomery Village neighborhood. Positioned within a recognized biotechnology hub, the area benefits from close proximity to federal research facilities and regulatory agencies.

“Our team’s longstanding familiarity and understanding of Montgomery County allowed us to identify the ideal buyer and execute a swift, efficient closing,” said Fellows. “By prioritizing our clients’ long-term objectives and leveraging our network across the market, we created a clear path to success for all parties.”

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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