NEWS FROM ST. JOHN PROPERTIES
FLORIDA
St. John Properties Acquires 93-Acre for First Florida Business Community St. John Properties is bringing its first Florida development to Pasco County, where the company has acquired a 93-acre site 30 miles north of Tampa to build Mitchell Business Park , a 23-building mixed-use
business community totaling nearly 570,000 square feet of flex/R&D and retail space.
“Southwest Florida lacks sufficient modern flex/R&D space, and Mitchell Business Park provides us with the opportunity to tap into a rapidly growing area with a welcoming business environment,” said Regional Partner Michael Sacks. “This project fulfills our mission to secure strategically located sites where we can provide much-needed space PENNSYLVANIA Construction Continues at Swatara Exchange Under Direction of New Regional Partner
for growing businesses and add new jobs to the Tampa community.”
deliver by year-end. Two proposed inline retail buildings totaling more than 17,000 square feet scheduled for delivery in early 2027, alongside the project’s five retail pad sites.
Phase I broke ground in March, and the first two flex/R&D buildings totaling more than 86,000 square feet of space are expected to
Learn more at sjpi.com/florida
MARYLAND St. John Properties Acquires First Townhome Community
St. John Properties has named Bryan Cyphers as Regional Partner for its new Pennsylvania Regional Office, coinciding with vertical construction on Phase I of Swatara Exchange,
a redevelopment of Harrisburg Mall. The first flex/R&D buildings are expected to deliver in early 2027. Upon completion, Swatara Exchange will feature 550,000+ square feet across 12 buildings, supporting up to 1,000 jobs.
A partnership led by St. John Properties has acquired 111 townhomes at The Villas at Patapsco Glen , marking the company’s first venture in the for-rent townhome asset class. Located in Woodlawn, the community features three- and four-bedroom layouts and resort-style amenities including a clubhouse and pool.
“We see significant investment upside and an exciting opportunity to diversify our portfolio through this new asset class,” said Senior Executive Vice President Sean Doordan. St. John Properties has investments in more than 3,000 residential units.
Learn more at: sjpi.com/pennsylvania
Learn more at sjpi.com/news
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