St. John Properties Leases More Than 35,000 Square Feet of Space to Three Companies at Ashburn Technology Park
ASHBURN, VA (June 13, 2012) – St. John Properties, Inc. recently leased more than 35,000 square feet of space to three companies at Ashburn Technology Park, a 50-acre business community located near Washington Dulles International Airport in Ashburn, Virginia. The leases are: Automotive Quality Solutions (15,000 square feet of space); Replay Sports Training (15,000 square feet) and Community Concepts (5,040 square feet). Danny Severn of St. John Properties represented the landlord in all three transactions.
Automotive Quality Solutions (AQS) provides rapid reconditioning and publishing for automotive dealers. The company’s services enable dealers to increase revenue potential by improving time-to-market for vehicles owned but unavailable for sale in dealer inventories. A faster time-to-market provides dealers with a greater probability of full-retail price sales prior to inventory being liquidated by a broker. Paul Bush of Joplin Realty represented the tenant in this transaction.
Replay Sports and Training provides coaching and competitive training using the latest technology and traditional training fundamentals for baseball, softball, lacrosse and golf. The company’s Sports Trainer family of products allows athletes and trainers to receive instant feedback on performances, with built-in statistics on bio-mechanical movement of athletes’ body parts. Patty Brown of Marathon Realty Group represented the tenant in this transaction.
Community Concepts, Inc. provides residential and day support services to persons with intellectual disabilities. Licensed by the Virginia Department of Behavioral Health and Development Services, the organization provides small group, residential programs that foster independence and personal excellence. Todd McManus of Avison Young represented the tenant in this transaction.
Located off Waxpool Road (VA Route 625) and the Dulles Greenway, Ashburn Technology Park consists of six research and development /office/flex buildings comprising more than 336,000 square feet of space. The Park is in close proximity to Washington Dulles International Airport, the Dulles Toll Road and the growing population of eastern Loudoun County Virginia. The research and development buildings offer tenant spaces that are 30 feet wide with 16 foot high ceilings and feature dock or drive-in rear loading options. Free surface parking is available and services these buildings.
“Ashburn Technology Park provides each company with a strategic location to access the business and consumer populations in Northern Virginia region, as well as the flexibility to expand into additional space,” explained Matt Holbrook, Regional Partner for St. John Properties, Inc. “The business community continues to experience brisk activity and leasing success, as companies recognize and take advantage of its prime position near Dulles Toll Road and Washington Dulles International Airport.”
St. John Properties, Inc., founded in 1971, owns and has developed approximately 17 million square feet of office, R&D/flex, retail and warehouse space in Maryland, Colorado, Louisiana, Pennsylvania, Virginia and Wisconsin. For more information about the company, visit www.sjpi.com.
For more information, contact
Al Cunniff, Director of Marketing, St. John Properties, Inc.