10B — October 25 - November 7, 2019 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers
SVN Miller Commercial hires Bennett, Windsor, Pearre & Linehan
$60 million class A industrial development takes flight The Pennridge Airport Business Park holds ribbon cutting P
ERKASIE, PA — Pen- nridge Airport Busi- ness Park has marked a significant milestone. Mem- bers of the development team, local and state officials cel- ebrated the completion of the first building in this $60 mil- lion master-planned class A business park with an official ribbon cutting ceremony. As a future home to integrated business – companies requir- ing R&D, pharma, or high-tech manufacturing, this exciting development offers enormous economic development and job creation potential for the region. On hand was Robert Brink , president of Pennridge De- velopment Enterprises and guests Pennsylvania Senator Steve Santarsiero , Penn- sylvania State Representa- tive Craig Staats , Aliyah Stanger of the PA Depart- ment of Community and Economic Development and Perkasie Borough manager Andrea Coaxum . “Building 1 of the Pennridge Airport Business Park is the culmination of many years of hard work and could not have been achieved without the sup- port of individuals from Per- kasie Borough and the State of Pennsylvania. This is an exciting project which we are confident will bring jobs and industry to Perkasie Borough.” cited an official from property developer Pennridge Develop- ment Enterprises. ARLINGTON, VA — Skan- ska announced that it has acquired the development site for 3901 North Fairfax Dr. in Arlington, from an investment affiliate of Bernstein Man- agement Corporation . This acquisition is significant as the site represents one of the last ground-up, Metro-accessible development opportunities along the Rosslyn-Ballston Corridor. Once completed, 3901 North Fairfax will be a nine-story, 201,000 s/f office building with 184,036 s/f of office space and 10,280 s/f of ground-floor re- tail. Designed by CallisonRT- KL and targeting LEED Gold certification, the free-standing building inhabiting a full block will feature floor-to-ceiling windows on all four sides, which will welcome ample natural light and unobstructed views into the office spaces.
Catie Windsor
Brett Pearre
Tina Bennett
Matt Linehan
on fellow graduates. Linehan is currently working alongside the accounting department to gather information for annual budgets. He will be reviewing fiscal reports and offering input on proposed budgets for SVN’s personal portfolio. As an administrative assis- tant, Windsor will be aiding cli- ents and tenants as they visit the office or efficiently directing callers to meet their current need. She will be involved in property management, as well as offering clerical support to the advisor’s and their teams. Bennett brings her knowl- edge and expertise from 20+ years in accounting to SVN. She has been tasked with handling the day to day ac- counting needs of the property management division includ- ing accounts receivable and payable.
SALISBURY, MD — SVN Miller Commercial Real Estate has discovered that key components to a “good hire” are not just found on paper. Character and personality are equally essential when adding to the family culture at SVN. It is with this knowledge, they announced the recent additions to their team, Tina Bennett, Catie Windsor, Brett Pe- arre , and Matt Linehan . According to SVN, Pearre and Linehan are taking ad- vantage of SVN’s collaboration with Salisbury University to offer work experience and on the job training to young professionals in their chosen career path. Pearre will be learning to be an assistant property manager and leasing assistant. Having acquired his real estate license during col- lege, Pearre will have an edge
Members of the Pennridge Airport Business Park development team, local and state officials celebrated the completion of the first building.
The business park, located at 1100 Ridge Rd. in Perkasie, is currently one of the only master-planned, multi-phase developments in suburban Philadelphia. Building 1, a 100,000 s/f tilt-up construc- tion industrial facility is now complete and awaiting ten- ant specific improvements while adjacent to it the site for Building 2 is fully entitled, pad-ready, and able to accom- modate over 100,000 s/f. At full build-out, the campus will con- tain six buildings of 700,000 s/f and features proposed plans for a walking trail, hotel and brew pub. Situated on the grounds of the Pennridge Corporate Air- port (KCKZ), Pennridge Air- port Business Park provides immediate access to the one of the region’s largest corporate airports and a 4,215’ paved
runway. The site is located less than three miles fromRte. 309, which provides access to I-476 via both the Lansdale Inter- change and the Quakertown Interchange. Route 309 also provides access to the Lehigh Valley and both I-78 and I-276. Perkasie Borough, located in Bucks County, is a business- friendly community with a well-educated workforce, and high quality of life. “There has not been ap- preciable new development along the Rte. 309 corridor in decades. This project pres- ents an opportunity for local companies to expand light manufacturing and warehouse operations.” said Rose Penny , director of research at Col- liers International who is the marketing partner for the Pen- nridge campus. nity space, a 1,700 s/f second floor terrace, and a state-of- the-art fitness facility make it a one-of-a-kind offering in this submarket,” said Mark Car- roll , executive vice president of Skanska USA Commercial Development in Washington, D.C. “3901 North Fairfax’s prime location coupled with the building’s design and views make it an ideal place to work.” Ideally situated along the amenity-rich Rosslyn-Ballston Corridor within walking dis- tance to the Clarendon neigh- borhood, the development is surrounded by popular res- taurants, high-end retail and green space, including Quincy Park. The transit-oriented property offers convenient ac- cess to I-66 and North Glebe Road, and is within three blocks of both the Virginia- GMU Metro Station, and the Ballston-MUMetro Station.
Middleburg completes team-generated outreach/volunteer program, ¡Mas!
© Middleburg
Skanska acquires 3901 North Fairfax Drive in Arlington, VA
Middleburg employees embrace spanish language program and joinmis- sion to Yabucoa, Puerto Rico to work on hurricane reconstruction efforts.
ing in hurricane reconstruction efforts. As part of the volunteer mission, Middleburg partnered with All Hand and Hearts (AHAH). All Hands and Hearts is the world’s leading volunteer, disaster relief organization. Over the last 10 years they have enabled 35,000 volunteers to donate 175,000 days to work alongside local residents and partners to restore and trans- form communities. Middleburg ¡Mas! is an em- ployee driven initiated that was created and developed as part of the company’s 2018 confer- ence. Employees were asked to brainstorm ideas that would connect Middleburg’s values on a larger scale and ¡Mas! was born. The program is viewed as a way to outreach, volunteer, and become more invested in local Hispanic communities.
VIENNA, VA — Barnes McClamrock , a manager at a Greenville, SC apartment community, Mosby Poinsett, won his company’s Spanish Language Contest after rapidly completing a Rosetta Stone class. Meanwhile, employees at Mosby Ingleside, outside Charleston, SC, filled a glass jar with Pennies for Puerto Rico. The efforts were all part of an employee-driven, company- supported initiative, Middle- burg ¡Mas! by Middleburg , a Virginia-based real estate investment, development and management firm with an in- grained culture of service and community outreach. Earlier this month, eight Middleburg team members took their ex- periences and newly honed Spanish skills to Puerto Rico for a week of work participat-
“The Rosslyn-Ballston Corri- dor has long been the epicenter of mixed-use development in Northern Virginia, and the 3901 North Fairfax site will be a welcome addition to this vibrant, pedestrian-friendly community with easy access to public transit and a plethora of retail options. This property’s amenities, including a 4,000 s/f outdoor rooftop terrace with a 1,600-square-foot indoor ame- 3901 North Fairfax Drive
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