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V I RG I N I A

Northern Virginia businesses and residents teamed up for HomeAid National Capital Region’s Builders for Babies Diaper Drive, collecting over 1.2 million diapers and wipes—a 60% increase over last year’s total. Through collection events, monetary donations, and volunteer efforts at St. John Properties’ Ashburn Crossing site, the supplies were sorted and distributed to more than 45 nonprofits serving families at risk of homelessness across the region. Organized since 2018, the annual drive addresses diaper insecurity, with broad community and business support helping bridge basic needs for local families. Northern Virginia Businesses Collect More Than 1.2M Diapers and Baby Wipes

NORTH CAROLINA St. John Properties Breaks Ground on First Project in North Carolina

UTAH Major Land Sale at Valley Grove Paves Way for New Multifamily Development In a significant transaction for Utah’s multifamily market, Mountain States Property Management, led by CEO Alex Norr, has acquired 6.5 acres at Valley Grove to spearhead new residential development. The acquisition marks a major step in Mountain States’ growth plan and will fulfill the growing demand for high-quality housing in Utah. Mountain States is committed to serving the Utah market and remains dedicated to delivering smart growth solutions and community-focused projects. Groundbreaking is expected to commence next year with the first deliveries occurring in 2028.

St. John Properties has broken ground on Wake Forest Exchange, a 30-acre mixed-use business community in Wake Forest, North Carolina. Once complete, the project will feature six total buildings with over 175,000 square feet of flex/R&D, single-story medical office, and retail space, marking the firm’s first North Carolina development since opening its Raleigh regional office in 2022.

The groundbreaking marks the start of Phase I, which includes a 60,240-square-foot flex/R&D building and an 11,112 square foot retail building. Both are being constructed on a speculative basis to meet fast-changing tenant demands. Construction will be phased to match leasing momentum, with full project completion targeted for 2027. Learn more at: sjpi.com/wakeforestexchange