St. John Properties Inks Baltimore Renewal and Expansion
An IT tenant will maintain its current corporate headquarters at the business park, while taking additional flex/R&D space.
St. John Properties has signed two leases totaling approximately 45,000 square feet at Aviation Business Park in Glen Burnie, Md., within the Baltimore market. IT company Skyline Technology Solutions has renewed its commitment for its corporate headquarters and has expanded its footprint for a flex/R&D space. CBRE represented the tenant, while the landlord worked in-house in both leasing agreements.
Aviation Business Park is a 120,000-square-foot, three-building complex at 6956, 6958 and 6960 Aviation Blvd. that is composed of one flex/R&D building and two single-story office buildings. The owner purchased the property in 2022 for $13.3 million from seller Adler Real Estate Partners, according to CommercialEdge. Other tenants at the business park include VIM Technologies Inc., the same source shows.
Last year, St. John Properties reconfigured the office building at 6958 Aviation Blvd. into a flex/R&D property that now includes drive-in doors and expanded loading areas for flex users.
Skyline Technology Solutions’ renewed its 28,753-square-foot office deal at 6956 Aviation Blvd., while its new 16,001 square feet flex/R&D space is at 6958 Aviation Blvd. The company’s Vice President Jason Ross said in prepared remarks that the conversion of 6958 Aviation Blvd. will support Skyline’s office, warehouse and logistics needs, with moving-in slated for August.
CBRE’s Executive Vice President Mike Roden negotiated on behalf of the tenant, while St. John Properties’ Assistant Vice President of Leasing Lacey Johansson represented the ownership.
St. John’s recent activity across its Baltimore portfolio
The 12-acre office campus provides easy access to Interstate 97 and is 2 miles from Baltimore/Washington International Thurgood Marshall Airport, 12 miles from Baltimore, 21 miles from Annapolis, Md. and within 36 miles of Washington, D.C.
In February, the landlord signed a 23,574-square-foot lease at its 140-acre mixed-use business campus, Lexington Exchange, in California, Md. The IT tenant will move its corporate headquarters to the development, that is expected to include more than 700,000 square feet of Class A office, flex, warehouse and retail space.
During the same period, St. John Properties, together with partner Greenbaum Enterprises, signed a 50,698-square-foot deal at 8110 Maple Lawn Blvd., an office building within Maple Lawn business park, in Baltimore.
You must be logged in to post a comment.