St. John Properties Leases Nearly 14,000 Square Feet of Space to Three Companies at The Center at Monocacy in Frederick
FREDERICK, MD (April 18, 2012) – St. John Properties, Inc. has announced signing three leases representing nearly 14,000 square feet of Research & Development (R&D) and office space in The Center at Monocacy, a 423,000 square foot business community positioned at the intersection of Interstate 270 and MD Route 85 in Frederick, MD. The Center at Monocacy presently consists of nine R&D/office/flex buildings, with additional developable land directly along MD Route 85.
The new Center at Monocacy leases include:
CBIZ, a professional services company providing a comprehensive range of accounting, employee benefits, retirement plan and property and casualty products and services, leased 6,000 square feet of space. Jonathan Hamburger of CBRE represented the tenant in this transaction.
Apex Diagnostic Services, a clinical laboratory that performs research and studies in a variety of medically-related industries, leased 5,040 square feet of space. John Richards of NAI KLNB represented the tenant in this transaction.
HomePro Restoration, which provides disaster cleanup services for situations involving fire, water and mold damage, leased 2,760 square feet of space. Chad Tyler of Tyler*Donegan represented the tenant in this transaction.
In all three lease transactions, Danny Severn of St. John Properties represented the landlord.
The Center at Monocacy is a 49-acre business community located near the intersections of MD Routes 85 and 355, as well as Interstates 70 and 270. This strategic location positions the park within close proximity to the Washington, D.C., Baltimore and Northern Virginia metropolitan regions, as well as the Frederick business district.
“The Center at Monocacy continues to experience strong leasing activity, as diverse businesses are attracted by its strategic business address and nearby amenity features,” explained Matt Holbrook, Regional Partner for St. John Properties, Inc. “As evidenced by our recent leasing successes, the flexibility of our research and development and office product enables us to satisfy the varied needs of medical users, business services firms and specialty-provider companies.”
St. John Properties, Inc., founded in 1971 as MIE Properties, owns and has developed more than 16 million square feet of R&D/flex, office, retail and warehouse space in Maryland, Colorado, Louisiana, Virginia and Wisconsin. For more information about the company, visit sjp.mu9b0uf9-liquidwebsites.com.
For more information, contact:
Al Cunniff, Director of Marketing, St. John Properties, Inc.