{"id":1004691379,"date":"2023-11-21T07:44:04","date_gmt":"2023-11-21T15:44:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004691379"},"modified":"2023-11-21T07:46:15","modified_gmt":"2023-11-21T15:46:15","slug":"medstar-expands-baltimore-area-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/medstar-expands-baltimore-area-footprint\/","title":{"rendered":"MedStar Expands Baltimore-Area Footprint"},"content":{"rendered":"<div id=\"attachment_1004691398\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004691398\" data-attachment-id=\"1004691398\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/medstar-expands-baltimore-area-footprint\/810-bestgate-road-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg\" data-orig-size=\"1184,888\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"810 Bestgate Road\" data-image-description=\"&lt;p&gt;810 Bestgate Road is a 100,000-square-foot medical office building in Annapolis, Md.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The LEED Gold certified property features 25,000-square-foot floorplates. Image courtesy of St. John Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg?w=1024\" class=\"wp-image-1004691398 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg?w=300\" alt=\"810 Bestgate Road is a 100,000-square-foot medical office building in Annapolis, Md.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg 1184w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/810-Bestgate-Road-e1700567321902.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004691398\" class=\"wp-caption-text\">The LEED Gold-certified property features 25,000-square-foot floorplates. <em>Image by Jeff Sauers Photography, courtesy of CPI Productions<\/em><\/p><\/div>\n<p><strong>MedStar Medical Group<\/strong> has expanded its office footprint in Annapolis, Md., with the signing of a 19,739-square-foot lease at 810 Bestgate Road, a 100,000-square-foot medical office building. <strong>Cushman &amp; Wakefield<\/strong> represented the tenant, while the landlord, <strong>St. John Properties<\/strong>, was represented in-house.<\/p>\n<p>In September, MedStar Health signed another lease of approximately 11,000 square feet at the same building, its current footprint totaling some 31,000 square feet of office space. The building&#8217;s tenant roster includes LifeStance Health, Maryland Oncology Hematology and Premier Allergist.<\/p>\n<p>Completed in 2020, the speculative building is now fully leased. 810 Bestgate Road is part of a two-building campus comprising 128,000 square feet of commercial office space. The LEED Gold-certified property features 25,000-square-foot floorplates and some 450 parking spaces.<\/p>\n<p>The 6.8-acre site is some 3 miles from downtown Annapolis, while Luminis Health Anne Arundel Medical Center is less than a mile away. Retail centers in the area include Westfield Annapolis Mall and Annapolis Town Centre, located within a 2-mile radius. Interstate 97 is 3 miles away, while Baltimore\/Washington International Airport is 20 miles northwest.<\/p>\n<p>Cushman &amp; Wakefield\u2019s team that secured the deal included Executive Director Matthew Sullivan and Senior Associate Paige Wingate.<\/p>\n<h2>St. John Properties grows Baltimore portfolio<\/h2>\n<p>Earlier this year, St. John Properties announced the development of <a href=\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-plans-maryland-mixed-use-campus\/\">a 635,000-square-foot mixed-use business campus<\/a> in Waldorf, Md., that will include 550,000 square feet of R&amp;D, retail and office space. The first phase of the project is slated for completion in early 2025.<\/p>\n<p>In January, the firm acquired <a href=\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-acquires-baltimore-area-business-campus\/\">a three-property office portfolio<\/a> in Glen Burnie, Md. Aviation Business Park, which traded for $13.3 million, comprises more than 120,000 square feet of office space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm will now occupy some 31,000 square feet at the medical office building.<\/p>\n","protected":false},"author":3355,"featured_media":1004691398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21784,21754,11,21742],"tags":[32799,35425,35112],"class_list":["post-1004691379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-brokerage","category-medical-office","category-midatlantic","category-latest","tag-cushman-wakefield","tag-medstar","tag-st-john-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MedStar Expands Baltimore-Area Footprint - 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