Projects

• 90,000-sf Class A Life Science Development

• Long-term ground lease with the University of Delaware

• Anchor tenant prelease for 86% of RBA

• Groundbreaking in Q2 2027

• 43,000-sf complete gut renovation

• $210-psf office-to-lab conversion budget

• Leased three spec suites prior to delivery of building

• Brand new mechanical, electrical, and plumbing systems

• Sold Q2 2026

• Purchased this 135,000-sf building in October 2021

• 100% leased

• New 3,000-amp feed, 500 kw back-up generator, and common area amenities

• Have leased 75,000 SF to scientific companies since acquisition

• $6 million renovation including four speculatively built laboratories

• The entire building was leased to life science companies in under 3 years

• Sold the building three years post-purchase

• 40%+ Project Level IRR

• Co-GP with Minkoff Development on Montgomery College’s Germantown Campus

• Developed 140,000 SF build to suit for Hughes Network Systems

• Delivered project in Q1 2024

• Purchased 15% stake to be General Partner in Q2 2025

• 220,000 square feet across 4 single story buildings

• Over 55 different scientific companies

• $8,000,000 budget for building improvements over three-year period

• 180,000-sf 2 story flex building in Gaithersburg

• Renovation and conversion to R&D labs

• Sold to Alexandria Real Estate Equities

• State relocated their Forensics labs from Richmond to Innovation Campus in Prince William County

• Public PPP solicitation process

• $70M ground up development

• Sold to the State of Virginia