Windspeed Logistics LLC has signed a 33,150-square-foot lease expansion at its current location in the Diamond Hill Distribution Center in Chesapeake. The deal boosts the logistics company’s total space to 133,639 square feet.
Windspeed has worked with Bethesda, Md.-based First Potomac RealtyTrust to expand its business from the 27,000 square feet of space it initially leased in November 2004 to the more than 133,000 square feet it occupies today.
“We are very excited about the continued growth and expansion that we have in our Chesapeake, Va. operation …,” Dennis Butterwei, president of Windspeed Logistics, said in a statement.
The company, which has a headquarters office in Baltimore, is a full-service agent for Cowan Systems LLC. It also has locations in Union, N.J., and Wilmington, Del. The firm specializes in warehousing, container drayage, importing/exporting, distribution, consolidation, cross docking and truck brokerage.
According to Potomac Realty Trust, Windspeed’s expansion brings Diamond Hill to an occupancy rate of 95%. The center is located off I-64 in the Bainbridge submarket of Chesapeake.
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