M id A tlantic Real Estate Journal — September 23 - October, 20, 2022 — 5A
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P NAI Michael represents landlord of Billion dollar modern logistics park in DC Region Manekin and TurnBridge Equities complete 358,400 s/f lease at National Capital Business Park the community and the on-site preservation of nearly 200 acres of stream valley and forest. added Turnbridge managing principal, Ryan Nelson.
RINCE GEORGE’S COUNTY, MD — Manekin LLC and Turnbridge Equities have completed a 358,400 s/f lease with Ferguson Enterprises at National Capital Business Park in the Washington, DC, metropolitan area. Ferguson is one of North America’s leading value-added distributors across residential, non-residential, new construc- tion and repair, maintenance, and improvement (RMI) end markets. Ferguson’s site will incorporate a 358,400 s/f mod- ern 36-foot clear height ware- house distribution facility, 260 parking spaces, 56 truck docks, four drive-in doors, and 80 trail- er parking spaces, as well as three acres of outdoor storage space. This long term leased property will serve as one of Ferguson’s Market Distribution Centers, a facility designed to provide its stores and custom- ers within the Washington, DC, metro market same day or next
“We are delighted at the way this signature project has come together. It will provide an excellent home to multiple national and local businesses while providing new jobs and tax revenue for the benefit of Prince George’s County and its residents,” said John Gra- ham , managing director at Manekin. Graham added, “We have also been able to include a large renewable energy project and a new community recre- ation park while preserving approximately 45% of the prop- erty’s acreage as forest.” Construction of National Capital Business Park is cur- rently underway with an esti- mated delivery date of the first buildings in mid-2023. National Capital Business Park was represented in the lease transaction by NAI Mi- chael . Ferguson was repre- sented in the lease transaction by CBRE . MAREJ
Strategically located im- mediately east of Washington, DC, in Prince George’s County Maryland, National Capital Business Park provides busi- nesses with access to the third largest and most affluent com - bined statistical area in the United States with approxi- mately 10 million residents, a major seaport, the distribution corridors of I-95, I-70, I-83, 50/301, and I-81, as well as ad- jacency to the Capital Beltway (I-95/I-495). Adjacent National Capital Business Park corpo- rate neighbors include distri- bution centers for Amazon, Target, FedEx, and Nordstrom. “Ferguson’s decision to lo- cate its latest prototype at Na- tional Capital Business Park illustrates the unique value proposition the park provides by providing immediate access to over 10 million consum- ers in a true class A setting,”
National Capital Business Park
day product deliveries within a 100-mile radius. Situated on 442 acres at Route 301 on Queens Court, National Capital Business Park will contain up to 13 modern industrial facilities accommo- dating warehouse, distribution, light manufacturing, or cold storage uses. The buildings are designed to meet the latest logistics and “last mile” distri- bution standards with higher clear ceiling heights, advanced
fire suppression, generous employee parking, expanded truck courts, and numerous trailer drop. All the buildings at National Capital Business Park are designed with solar panels on their rooftops, which will generate approximately 11.3 MW of electricity, enough to power over 1,100 homes with clean energy. National Capital Business Park will also include the development of an adjacent 20-acre multi-purpose park for
Fellows and Pugh of Edge brokers 60,860 square foot lease extension with Peraton, Inc. at 8300 Professional Place in Landover, Maryland
away and BWI Airport can be accessed in 25 miles. Peraton drives missions of consequence spanning the globe and extending to the farthest reaches of the galaxy. As the world’s leading mis- sion capability integrator and transformative enterprise IT provider, we deliver trusted and highly differentiated na- tional security solutions and technologies that keep people safe and secure. Peraton serves as a valued partner to essential government agen- cies across the intelligence, space, cyber, defense, citizen security, health, and state and local markets. “The decision to extend its current lease and make a long-term commitment to 8300 Professional Place emerged as most sensible real estate decision from both a financial and logistical view - point,” stated Robert Pugh of Edge. MAREJ
WASHINGTON, DC — Edge , a full-service com- mercial real estate firm with offices in Washington DC, Virginia, Maryland and Penn- sylvania, has brokered a lease with Peraton, Inc. for 60,860 s/f of space at 8300 Profes- sional Place in Landover, MD. This represents a long-term renewal for the Herndon, VA-based company which has occupied the entire building since 2018. Kenneth Fel- lows and Robert Pugh , both partners, Advisory Services for Edge, represented the landlord and owner, Bristol Capital and Daniel Rasmus- sen of Cushman & Wake- field represented the tenant in this lease transaction. The Professional Place portfolio is comprised of 8100 Professional Place (three- story building with 57,300 s/f of space); 8200 Professional Place (one-story building offering 28,600 s/f); 8240
8300 Professional Place
Professional Place (one-story building with 28,400 s/f of space) and 8300 Profession- al Place (three-story build- ing comprising 60,860 s/f of space). The buildings are also known as One, Two, Three
and Four Metro Plaza. Professional Place is situ- ated directly off Interstate 495/95 and is directly ad- jacent to US Route 50. The business community is less than one mile from the New
Carrollton stations serving the Washington Metropoli- tan Area Transit system and Maryland Rail Commuter (MARC) line. Ronald Reagan Washington National Airport is approximately 15 miles
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