UM Ventures Incubator Company Picks Site of New HQ
Published in The Daily Record | February 5, 2024
InventWood (IW), an early-stage company born out of its incubator space at the University of Maryland, College Park, Monday signed a lease with Baltimore-based commercial real estate brokerage firm KLNB for a 88,971-square-foot commercial industrial space in Frederick to serve as the company’s new headquarters.
Located at 5971 Jefferson Station Court, the property lease was coordinated by KLNB Vice President Kristin Rebeck, who acted as IW’s tenant representative.
InventWood develops environmentally sustainable materials with cellulose-based material and nanotechnology innovations. The company received a $20 million grant from the US Department of Energy and to establish its headquarters in Maryland. The company’s manufacturing launch in scheduled for early 2025.
