Verizon Wireless Signs 61,000 Square Foot Lease at Annapolis Junction Town Center
The 100,000 square foot building is located within a mixed-use Transit-Oriented Development situated adjacent to Savage MARC Station in Howard County
BALTIMORE (February 21, 2018) – Verizon Wireless has signed a lease with St. John Properties, Inc. for approximately 61,000 square feet of space within 10170 Junction Drive, a four-story, 100,000 square foot office building located within Annapolis Junction Town Center, a mixed-use Transit-Oriented Development (TOD) situated adjacent to the Savage MARC Station in Howard County. The TOD is being developed in partnership with Somerset Construction Company, which last summer delivered The Residences at Annapolis Junction, consisting of 416 luxury apartment homes. The project currently includes 5,420 square feet of retail space and a 700-space intermodal commuter parking garage, with 14,000 square feet of additional retail also planned for the development. Matt Lenihan, Assistant Vice President of Leasing for St. John Properties handled negotiations on behalf of the landlord, and Amy Perlman, David Fields and Alec Mitchell of CBRE represented Verizon Wireless.
“The presence of Verizon Wireless within Annapolis Junction Town Center will inject energy, create momentum and significantly impact the economic well-being of the surrounding area,” stated Richard Williamson, Senior Vice President of Leasing and Marketing for St. John Properties. “Verizon Wireless is among the most recognizable corporate brands in the country and we expect this real estate decision to resonate among other businesses and organizations looking for a multi-functional environment to benefit its employees and vendors. The confluence of major highway systems, including MD Routes 295 and 32, provides immediate connections to Annapolis Junction Town Center from all points around the State, and the onsite MARC Train station provides another attractive option to visitors and employees. This development contains every essential element required for long-term success: strategic positioning in the Baltimore-Washington, D.C. corridor, on-site retail, and amenities including a hotel and a luxury residential component.”
10170 Junction Drive, constructed to satisfy LEED Gold requirements for core and shell, features an exterior comprised of brick and glass and 25,000 square foot floorplates. Baltimore Coffee and Tea Company® has leased space within the retail component for a café and coffee shop and expects to serve breakfast and lunch menu items, as well as specialty beverages upon its opening in April.
Annapolis Junction Town Center is positioned in the southeastern section of Howard County, midway between the Baltimore and Washington, D.C. metropolitan areas. 10170 Junction Drive features frontage on MD Route 32, one of the primary east-west highway connectors in the State of Maryland, and is adjacent to the Savage MARC station, which is served by the rail system’s Camden Line. The MARC system operates between Baltimore’s Inner Harbor and Camden Yard area, where it connects to Baltimore’s light rail system, and Union Station in Washington, D.C., where it offers connections to the Washington Metro subway network and Amtrak. Annapolis Junction Town Center is situated approximately four minutes from Fort George G. Meade and the NSA.
St. John Properties, Inc., founded in 1971, owns and has developed more than 18.5 million square feet of flex/R&D, office, retail and warehouse space in Maryland, Colorado, Louisiana, Nevada, Pennsylvania, Virginia, Utah and Wisconsin. For more information about the company, visit www.sjpi.com.