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Four Companies Have Signed Leases Totaling 43,000 Square Feet off Space at Melford Town Center

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Four Companies Have Signed Leases Totaling 43,000 Square Feet off Space at Melford Town Center

St. John Properties, Inc. has signed leases with four companies totaling nearly 43,000 square feet of space within Melford Town Center, a 466-acre mixed-use community located at the intersection of US Route 50 and MD Route 3/301 in Prince George’s County. In late April, a groundbreaking ceremony was held for a new 144-room Courtyard by Marriott hotel that is being developed by Hospitality Development Company III, LLC within the park, which currently contains nearly one million square feet of office and flex/R&D space, with plans for up to 1,800 residential units.

The leases were signed with FTI Consulting, Trinity Cyber, George Mason Mortgage and Retina Associates.

Melford Town Center continues to be the business community of choice for companies and organizations that require a central location within the Baltimore-Annapolis-Washington, D.C. markets,” explained Richard Williamson, Senior Vice President of Leasing and Marketing for St. John Properties. “The diversity of these recent leases demonstrates the wide spectrum of industries that remain attracted to Melford Town Center. The delivery of the new hotel next year will heighten our amenity package with the inclusion of conference and meeting facilities and another on-site restaurant.”

Melford Town Center has development capacity for approximately 550,000 square feet of office space, more than 500,000 square feet of flex/R&D space and 86,000 square feet of complementary retail space. The community is located between Annapolis and Washington, D.C.

St. John Properties, Inc., founded in 1971, owns and has developed more than 18 million square feet of flex/R&D, office, retail and warehouse space in Maryland, Colorado, Louisiana, Nevada, Pennsylvania, Virginia, Utah and Wisconsin. For more information about the company visit www.sjpi.com

SOURCE: St. John Properties Press Release