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Lee & Associates Brokers Leases Worth 14K-SF at Arundel Mill Corporate Center
Lee & Associates | Maryland has facilitated two leases comprising more than 14,000 square feet of space at Arundel Mills Corporate Center in Hanover, MD.
E & S Construction Engineers signed a lease for 6,115 square feet of space at 7550 Teague Road and JPB Partners leased 8,200 square feet of space at 7556 Teague Road. Both properties are five-story, 150,000-square-foot Class “A” commercial office buildings,
The assets are owned in a joint venture partnership between Holland Properties, JPB Partners and Linden Associates. Bill Harrison and Will McCullough of Lee & Associates represented the landlord in the transactions.
“Leasing activity substantially improved during the second half of last year and best-in-class buildings such as these were the beneficiary of companies removing into or expanding within suburban markets,” said Harrison. “We are anticipating an extremely active 2022 as employees continue to return to traditional workplace environments and companies adapt to hybrid work models. The pent-up demand for office space, built up over the past 18-24 months, is now manifesting into lease transactions throughout the Baltimore-Washington, DC corridor.”
- ◦Lease
