Utz Quality Foods, Inc. Signs Lease at Riverside Technology Park
FREDERICK, MD (December 4, 2012) – Utz Quality Foods, Inc. has signed a lease with St. John Properties, Inc. for 12,000 square feet of office space at 8445 Progress Drive within Riverside Technology Park, a 490,000 square foot business community positioned between US 15/Interstate 270 and Interstate 70 on Monocacy Boulevard in Frederick, MD. The business park consists of six R&D/office/flex buildings with additional developable land available along Gas House Pike and Monocacy Boulevard. Danny Severn of St. John Properties represented the landlord and Tom Poss of Long & Foster represented the tenant in this transaction.
Founded in 1921, Utz Quality Foods is the United States’ largest independent snack foods manufacturing company, including Utz branded snacks, along with newly-acquired Zapp’s potato chips and Bachman pretzels. The company operates distribution centers throughout fifteen states, serving a geographic region stretching from Maine to Louisiana. Utz Quality Foods selected Riverside Technology Park to function as a Direct Store Delivery location for sales and product distribution management personnel, servicing the western Maryland, Washington, D.C. and Northern Virginia territories. Approximately 25 employees will work from this location.
Riverside Technology Park is a 44-acre business community located in the City of Frederick, at the entrance to the new 333,000 square foot National Cancer Institute’s (NCI) Advanced Technology Research Facility. NCI is the Nation’s only Federally-Funded Research and Development (FFRD) center dedicated solely to biomedical research and development. The park is situated near various retail amenities and the Frederick Municipal Airport. It is located approximately 55 miles from Washington, D.C. and 45 miles from Baltimore City.
“After considering multiple sites for this new requirement, Riverside Technology Park emerged as the most logical choice for Utz based on the business community’s strategic location, the customization of the facility, and the professional image of the corporate park,” explained Matt Holbrook, Regional Partner for St. John Properties, Inc. “We continue to experience extremely strong and consistent demand for all varieties of space in the park including office, R&D, laboratory, community uses, manufacturing and warehousing.”
St. John Properties, Inc., founded in 1971, owns and has developed nearly 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 sjp.mu9b0uf9-liquidwebsites.com.
For more information, contact:
Al Cunniff, Director of Marketing, St. John Properties, Inc.