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Rosendin expands in Mid-Atlantic. KLNB, the Mid-Atlantic's largest privately held commercial real estate brokerage firm, is excited to announce the completion of three transactions in the past 12 months, totaling 353,000 square feet, on behalf of San Jose, CA-based Rosendin Electric, the largest employee-owned electrical contractor in the United States. The deals were overseen by KLNB Senior Vice President Josh Katz and Principal Scott Mendelson, both part of the KLNB Occupier Services team. In May 2025, Rosendin executed a lease for 53,000 square feet of warehouse and light assembly space at Dulles Summit in Dulles, VA. This facility supports data center construction projects throughout Northern Virginia. Steve Cloud of Stream Realty, and Gerardo Castellanos, represented the landlord, Prologis. In November of 2025, Rosendin completed the third expansion of its East Coast headquarters at Northwoods in Dulles, VA, which now totals 175,000 SF of Class A office, training, warehouse, and fabrication space. Bob Gibbs of CBRE represented the landlord, Northwestern Mutual. In January of 2026, Rosendin signed a lease for its Richmond, VA regional operations center, 125,000 SF at the newly completed Lakeridge Logistics Center in Ashland, VA. KLNB partnered with Harrison McVey of Range Commercial Partners to represent Rosendin in this transaction. Muscoe Garnett and Adam Lawson of JLL, represented the Landlord, Wigeon Capital. "KLNB has been a valuable resource to our company for nearly a decade," said Matt Orosz, Senior Vice President for Rosendin's East Region. "With our unprecedented growth supporting the development of data center and AI infrastructure across the country, we must have partners that we can rely on to do their jobs well. Josh and Scott have answered the call for us for years, first for our current CEO, Keith Douglas, and now for me and my partners, Darren Salyards and Brandon Jachimski, as we expand our footprint on the East Coast." "We are incredibly grateful for the opportunity we were given back in 2016, when Scott and I were with Edge Commercial Real Estate," says Katz. "For a 100+ year old organization like Rosendin to trust a boutique company like ours was pretty incredible. When we showed we were up for the task, and when we saw Keith's vision come to life, well, that was a turning point for us. We knew we could do anything for any client, no matter how large, and that has enabled us to serve other companies like Rosendin across the country and around the world. We work hard, so our clients don't have to. Isn't that the goal of customer service?" KLNB's Occupier Services team is based in Tysons, VA and Rockville, MD. The six-person team led by KLNB principals Marc Balamaci and Scott Mendelson, has nearly 90 years of combined experience advising the occupiers of office, R&D, manufacturing, and logistics space throughout the mid-Atlantic and beyond. KLNB Occupier Services provides best-in-class real estate strategy, transaction, and project management services to companies of all sizes and in all stages of the growth cycle. About KLNB KLNB is a leading provider of commercial real estate services throughout the Mid-Atlantic region. An independently owned and operated commercial brokerage and real estate services firm, KLNB provides a variety of services including tenant and landlord representation, leasing, consulting, capital markets, property management, research, marketing, branding, and financing services. More than 120 full-time brokerage professionals work across KLNB's five offices strategically located throughout the Washington, D.C. / Baltimore region. http://klnb.com About Rosendin Electric, Inc.: Rosendin Electric, Inc., headquartered in San Jose, CA, is the largest employee-owned electrical contractor in the United States; employing 12,000 people with $5.6 billion in revenue and ranking #156 on Forbes' list of America's Top Private Companies. Established in 1919, Rosendin remains proud of its more than 100 years of building quality electrical and communications installations and value for its clients but, most importantly, for building people within its company and its communities. Its customers lead some of the most complex construction projects in history and rely on Ccr Mag for its knowledge, ability to scale, and dedication to quality. At Rosendin, Ccr Mag work to ensure that everyone can reach their full potential by building a diverse, safe, welcoming, and inclusive culture.

Rosendin's $14 million investment signals strong growth for Hanover County. March 13, 2026 - In: Housing Market Updates Hanover County continues to strengthen its position as one of the fastest-growing economic hubs in Central Virginia. A recent announcement confirms that Rosendin, the largest employee-owned electrical contractor in the United States, has signed a lease for a 124,000-square-foot facility at the Lakeridge Logistics Center located at 10383 Lakeridge Parkway in Hanover County. This expansion represents a $14 million investment in the region and is expected to create 250 jobs over the next three to five years. The facility will serve as a regional operations hub supporting Rosendin's electrical engineering, construction, and infrastructure projects throughout the East Coast. For Hanover County residents, businesses, and property owners, this announcement signals something bigger than just a new tenant - it reflects continued economic momentum that will influence development, employment opportunities, and the local real estate market. A Strategic Investment in Hanover County Founded in 1919, Rosendin is a $5.6 billion employee-owned company known for building major infrastructure projects for: * Technology companies * Data centers * Manufacturing facilities * Healthcare campuses * Airports and transportation hubs * Renewable energy projects The company chose Greater Richmond and Hanover County because of the region's strategic location and its proximity to expanding industries such as advanced manufacturing and information technology. According to Rosendin leadership, the new Hanover facility will become a regional hub for electrical contracts across the East Region, strengthening the company's relationships with local partners and industry leaders. Workforce Development and Community Engagement Beyond job creation, Rosendin plans to invest directly in the community by developing a 5,000-square-foot training center inside the facility. This training space is expected to collaborate with: * Middle schools * High schools * Trade schools The goal is to connect local students with future careers in skilled trades and electrical infrastructure, creating long-term workforce opportunities for Hanover residents. Local leadership has expressed strong support for the project, highlighting the positive economic impact it will bring to the South Anna District. Why This Matters for Hanover County's Growth Economic development projects like this do more than create jobs - they strengthen the entire regional economy. Organizations such as the Greater Richmond Partnership work closely with counties like Hanover to attract companies that expand the regional business ecosystem. Rosendin's presence will support several rapidly growing sectors in Central Virginia: * Information technology infrastructure * Data center development * Renewable energy construction * Advanced manufacturing Each of these sectors requires specialized electrical engineering and construction services - making Rosendin's facility a strategic addition to the region's economic infrastructure. How This Impacts the Hanover County Real Estate Market Economic development announcements like this often create ripple effects throughout the real estate market. 1. Increased Housing Demand With 250 new jobs expected, more professionals and skilled workers may relocate to the Hanover area. This typically leads to: * Increased demand for housing * Higher buyer activity * Stronger home values Hanover County already attracts buyers because of its excellent schools, quality of life, and proximity to Richmond, and continued job growth strengthens that appeal. 2. Stronger Commercial and Industrial Development The expansion at Lakeridge Logistics Center highlights Hanover's growing importance in industrial and logistics development. This growth supports: * Warehouse development * Contractor services * Supply chain operations * Technology infrastructure Industrial growth often attracts additional companies that want to operate near key partners and suppliers. 3. Long-Term Property Value Stability When high-quality employers invest millions into a region, it typically signals long-term economic confidence. For homeowners and investors, that means: * Greater stability in property values * Continued development of surrounding infrastructure * Increased interest from buyers moving into the area Hanover County Continues to Rise Announcements like Rosendin's investment are another indicator that Hanover County is experiencing sustained economic expansion. Between industrial development, growing infrastructure projects, and the region's proximity to Richmond, Hanover continues to attract companies looking to expand in a stable and strategically located market. For residents and property owners, this means more jobs, stronger economic growth, and continued demand for housing and real estate in the county. Economic investments such as Rosendin's new facility reinforce what many already recognize: Hanover County is becoming one of Central Virginia's most dynamic growth corridors. As businesses expand and workforce opportunities grow, the local real estate market will likely continue benefiting from increased demand, new development, and strong community investment. Angelica DelliCarpini President & Principal Broker DF Real Estate & Land Resources, LLC | Serving Hanover County and the Greater Richmond Region | www.dfrelrealty.com | 804-569-5115