54,000 Square Foot Full-Building Lease Signed at Annapolis Corporate Park
Commercial real estate development company constructing two-story building atop two-level parking garage in Anne Arundel County
BALTIMORE, MD (November 10, 2021) – A tenant has signed a 50,400 square foot full-building lease with St. John Properties, Inc. for a new building that is currently under construction within Annapolis Corporate Park, a 29-acre mixed-use community in Anne Arundel County. St. John Properties has broken ground on the two-story building and two-level parking garage at the business park located at the intersection of Riva Road and Harry S Truman Parkway. The building at 189 Harry S Truman Parkway is expected to be delivered by mid-summer 2023.
St. John Properties reengineered a section of Annapolis Corporate Park to accommodate the real estate requirement.
Annapolis Corporate Park presently consists of two multi-story and two single-story commercial office buildings comprising of more than 250,000 square feet of space. Located directly off Harry S Truman Parkway near the intersection of Riva Road and immediately south of MD Route 50, the business community is less than five miles from downtown Annapolis. A number of retail amenities are within close proximity including BB&T, CVS, Squisito Pizza & Pasta, In Grano Bistro-Bakery, and Small Cakes Cupcakery.
“Our ability to capture additional square footage at Annapolis Corporate Park, is a testament to the innovation, resourcefulness and problem-solving abilities of our entire team,” explained Sean Doordan, Senior Vice President of Leasing and Acquisitions for St. John Properties. “We arrived at this creative solution after engaging every department within our company tapping into different areas of expertise, and carefully considering all viable options.”
Founded in 1971 and headquartered in Baltimore, Maryland, St. John Properties, Inc. is one of the Mid-Atlantic’s largest privately held commercial real estate firms. The company is distinguished by their commitment to customer service, achievements in green building, and top-rated workplace culture. Throughout St. John Properties’ 50-year history, the company has developed more than 21 million square feet of flex/R&D, Office, Retail and Warehouse space serving more than 2,500 clients in Maryland, Colorado, Louisiana, Nevada, Pennsylvania, Virginia, Utah, and Wisconsin. For more information about the company, visit www.sjpi.com.