The company recently purchased the Patrick Center in Downtown Frederick
Frederick, MD (KB) Lee Development Group is set to open a satellite office in the City of Frederick.
It recently purchased the Patrick Center downtown, which is located near the Frederick County Courthouse.
President and CEO, Bruce Lee, said the new building will offer a good central base for the company.
“We’re active all around Frederick,” he said. “So it’s a good central base for us in terms of the activity that we’re doing in Frederick County.”
Lee said he and the team are excited about the location in Downtown Frederick.
“The City of Frederick, we really see it as an up & coming and dynamic area,” he explained. “Market Street has just got a great mix of restaurants and small businesses and that’s really what our company is all about.”
LDG is involved with everying from offices and retail, to hotels and self storage.
According to Lee, LDG specializes in private & public partnerships like the Fillmore project they completed in Downtown Silver Spring.
“We’re pretty well diversified and we’ll be looking for opportunities, especially as we come out of this pandemic,” the CEO said.
LDG will take over management of the building by the end of this month. Its office will be located on the fifth floor. The Montgomery County office will still remain open.