Return to Recent Transactions | Recent Transaction - Ridge Road Development

Equity Source: Whitehall Street Real Estate Fund

Archon opportunistic investments seek office and industrial acquisition opportunities where value can be increased through more efficient management, recapitalization, development, redevelopment and/or repositioning. Archon can work as a sole developer or in joint ventures. With full-service construction management capabilities, Archon delivers cost-effective, build-to-suit facilities and will consider speculative development in key markets.

Property Name Ridge Road Development
City Hanover
State MD
Size 350,800 SF
Year Built Under Development

Click on Image
Photo Photo

 

Ridge Road Development Details
» Acquired a 32 acre parcel of land in December 2006. The site is strategically located between Baltimore and Washington, DC, in close proximity to BWI Airport, as well as the NSA and Fort Meade.
» Designed and permitted the site for 350,800 sf of office development.
» Phase I, including two 87,700 square-foot, three-story buildings began construction in Fall 2008 with delivery in Fall 2009.
» Institutional quality buildings with high-end lobby finishes and tenant space including floor-to-ceiling glass and column-free space.
» Designed to LEED Silver standards.
» Direct access to BWI Rail Station via elevated pedestrian bridge with shuttle service to BWI Airport.
» Archon role: Acquisition, Development, Asset Management, Oversight of External Leasing and Property Management.

 

 

 

 
 

The ARCHON Advantage
Copyright 2010 | Archon Group Retail | Archon Group, L.P.