Strategic Wealth Management Group Relocates to 10,000 Square Foot Space at Maple Lawn
Wealth management, investment management and financial planning firm signs lease with St. John Properties and moves 20 employees to 8170 Maple Lawn Blvd. in Howard County
BALTIMORE, MD (January 2, 2018) – Strategic Wealth Management Group, LLC (StratWealth®), a full-service wealth management, investment management and financial planning firm has signed a lease with St. John Properties, Inc. for 10,000 square feet of space within 8170 Maple Lawn Boulevard, located in the mixed-use community of Maple Lawn in Howard County. Founded more than 25 years ago, StratWealth recently moved 20 employees to this new location and also plans to open a new satellite office in the Annapolis area early next year, joining an existing office in Salisbury. Bill Jautze, Leasing Representative for St. John Properties represented the landlord in this transaction.
“Maple Lawn is a true business community that exudes an energy and vibrancy we have been looking for. Relocating our headquarters to the Maple Lawn community coincides with our overarching commitment to improve every aspect of our firm and our client experience,” explained James DeCarlo, Chief Executive Officer of StratWealth. “Our Advisors have been serving clients for nearly a quarter of a century, and we have grown. Today, we require a location that matches the esteem of the StratWealth brand, while allowing us to keep growing. Besides, there is always a lot of movement in Maple Lawn, and the walkable restaurants and retail options just outside our doors will contribute to client experience and team culture.”
Maple Lawn is being developed by St. John Properties and master developer Greenebaum Enterprises and is located at the intersection of MD Route 29 and MD Route 216 in Fulton, MD. The business community is located approximately three miles from Interstate 95 and the Inter-County Connector, 20 minutes from BWI Airport, 22 miles from Baltimore and 30 miles from downtown Washington, D.C.
“StratWealth has developed an outstanding brand within the investment and wealth management industries throughout the Baltimore-Washington, D.C. metro area, and expressed the desire to relocate to a high-profile community that reflects its corporate image,” stated Richard Williamson, Senior Vice President of Leasing and Marketing for St. John Properties. “This location will open new opportunities for the firm given the high density of business people and residents that work and live in Maple Lawn.”
Maple Lawn is a mixed-use community that currently contains more than one million square feet of commercial office space, research and development/flex space, plus medical buildings and retail uses in a “Main Street-style” environment. Companies that maintain operations in Maple Lawn include Cisco, Regus, IronNet Cybersecurity, NewDay USA, Mosaic Technologies Group, DataTribe, and Raytheon. The retail component includes merchants such as Harris Teeter, Looney’s Pub, Lib’s Grill, Maple Lawn Market, Ranazul Restaurant, I.M. Wine, Sidamo Coffee & Tea and Coreworks Fitness Studio. More than 1 million square feet of commercial office space and 120,000 square feet of retail space is planned within Maple Lawn’s commercial districts, in addition to 1,300 housing units.
“Our business family is extremely diverse, with 65% comprised of women professionals,” added James DeCarlo. “When conducting our internal research to determine important amentities near our offices, we found a strong desire for an an engaging and active environment that remained vibrant after standard work hours to suit some clients and to match personal lifestyle purposes. Maple Lawn makes StratWealth better, inside and out, which aligns perfectly with our philosophy of serving others to make lives better.”
St. John Properties, Inc., founded in 1971, owns and has developed more than 19 million square feet of Flex/R&D, Office, Retail and Warehouse space in Maryland, Colorado, Louisiana, Nevada, Pennsylvania, Virginia, Utah and Wisconsin. The company was named the national “2018 Developer of the Year” by NAIOP, the Commercial Real Estate Development Association. For more information about the company visit www.sjpi.com.