ASHBURN, VA (November 17, 2011) – Volkswagen is expanding and extending its lease with St. John Properties, Inc. at Ashburn Technology Park from 6,000 square feet to 15,000 square feet of space at 21660 Red Rum Drive, a 57,120 square foot single-story building. The 46-acre business community positioned near Washington Dulles International Airport contains six buildings offering more than 336,000 square feet of research and development/flex and office space.

Volkswagen utilizes its space as a regional training and curriculum development facility to support the nearby headquarters of Volkswagen North America. Professionals receive hands-on instruction and education concerning automotive products for application at dealerships around the country. Lauren Scarpace and Tony Russo of CB Richard Ellis represented the tenant and Matt Holbrook and Danny Severn of St. John Properties represented the landlord in this transaction.

Located off Waxpool Road (VA Route 625) and Ashburn Village Boulevard, Ashburn Technology Park is in the center of the growing economic and residential area of Loudoun County. The park has convenient access to the Dulles Greenway, Route 28 and 7 and Loudoun County Parkway, and is in close proximity to Washington Dulles International Airport. Additionally, Ashburn Technology Park is located in the midst of an on-going data center development boom with neighbors such as Sabey, Latisys, Verizon and many others. The buildings offer significant flexibility with wide column spacing and ample clear heights, abundant power and fiber opportunities and dock or drive-in rear loading options. Free surface parking is available.

“Volkswagen originally selected Ashburn Technology Park more than three years ago, based on the business community’s close proximity to their North American headquarters in Herndon, as well as Washington Dulles International Airport,” said Matt Holbrook, Regional Partner for St. John Properties, Inc. “The location has proven to be extremely convenient and the continued popularity of the Volkswagen and Audi brands – which has resulted in the need for more service professionals – has necessitated an expansion of this facility by approximately 150%.”

St. John Properties, Inc., founded in 1971 as MIE Properties, owns and has developed more than 15 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.
410-369-1277