St. John v16 n3

BALTIMORE, MD

BALTIMORE, MD

11675 Crossroads Circle | Middle River

613 Global Way | Linthicum Heights Anne Arundel County Career Centers Consolidating Three

Pharmaceutical Company Eisai Inc. Signs 40,000 SF Lease at Greenleigh at Crossroads

St. John Properties, Inc. has signed Eisai Inc., the United States pharmaceutical subsidiary of Tokyo-based Eisai Co, Ltd., to a 40,000-square-foot full-building lease within 11675 Crossroads Circle. The flex/R&D building was built on a speculative basis, and is located within Greenleigh at Crossroads, in the White Marsh area of Baltimore County. “This new Baltimore location enables Eisai a seamless transition in its efforts to continue to produce Gliadel® for thousands of patients worldwide,” said

President and Chief Operating Officer of Eisai Inc. Shaji Procida. “This represents a tremendous win for Greenleigh at Crossroads given the influx of high-paying jobs destined to support our retail tenants and restaurants, as well as opening the possibility for the purchase or rental of residential properties within the community,” explained Senior Vice President of Leasing and Marketing for St. John Properties Richard Williamson.

Locations to BWI Technology Park

Anne Arundel Workforce Development Corporation (AAWDC), a non-profit corporation that provides a wide array of services designed to assist businesses, unemployed residents and under-employed residents in Anne Arundel County, has revealed plans to consolidate three existing Career Center locations in the county into a new location contained within the BWI Technology Park in Linthicum Heights, Maryland. AAWDC signed a full-building lease for 23,360 square feet of space within 613 Global Way, near Baltimore-Washington International Airport. “Several factors drove this real estate decision, led by the desire to achieve significant operational efficiencies through shared workspaces and combining all of our initiatives and partners under one roof,” stated Kirkland J. Murray, president and CEO of Anne Arundel Workforce Development Corporation. “After considering many sites throughout Anne Arundel County, we were attracted to the roadside visibility offered by 613 Global Way, our ability to secure the use of an entire building, and the convenience this site provides based on its location near the confluence of major highway and transportation systems.”

St. John Properties

WAUNAKEE, WI

In Waunakee Industrial Park, a Growth Spurt is Occurring “The meat and potatoes of the tax base described RenewAire, which has taken over the former warehouse at 201

in Waunakee is residential,” advised Todd Schmidt, Waunakee’s economic development director and administrator. Housing comprises 88 percent of the tax base, he said. But the northeast corner of Waunakee has been bustling with commercial growth in recent months, and indications are that the trend will continue. Schmidt explained the business and industrial park was started in 1988 and is a relatively new feature to the village. “It’s a relatively full park. There is a lot of activity going on. Although it’s overall a small part of our economy, it remains its own vibrant part,” he said. Schmidt

Raemisch Road, as a “great new partner in the park” with “serious and aggressive growth plans.” Frank H Street is being extended another 500 feet to the east and will accommodate expansion of the Waunakee Business Center owned by St. John Properties. The new building will be 40,733 square feet and similar in design and function to the three existing buildings, according to SJPI’s Regional Partner, Greg Fax. St. John plans to begin site preparation this fall with the building ready for lease late next summer.

St. John Properties

Excerpt from The Waunakee Tribune | Bob Khouri

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