St. John Properties And Greenebaum Enterprises Lease 56,076 Square Feet To Goddard School And Others

The property asset involved in the transaction is located at 7750 Montpelier Road & 7760 Montpelier Road in Howard County, MD. This office space comprises a total of 56,076 square feet and is part of the Montpelier Research Park. The joint venture of St. John Properties and Greenebaum Enterprises has engaged in this leasing transaction, highlighting the active business environment in the area.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: St. John Properties & Greenebaum Enterprises
• Tenant: The Goddard School, Chelsea School & Howard County Gastrointestinal Diagnostic Center
• Landlord's Representatives: Matt Lenihan, Alex Lyons & Bill Jautze
• Tenant's Representatives: Jerry Dawson - JCDAWSON Global Solutions, David Fritz - KLNB & Jhon Pacheco and Searcy Ferguson - CBRE

A joint venture between Greenebaum Enterprises and St. John Properties signed three leases that include Chelsea School's full-building lease of 32,488 square feet, The Goddard School's lease of 13,510 square feet, and Howard County Gastrointestinal Diagnostic Center's lease of 10,078 square feet. This transaction further leases up the business park, which was acquired in 2024, while there remains approximately 44,000 square feet of newly built flex/R&D space available.