"Our goal is to aggressively maintain a supply of speculativespace for companies with accelerated move-in timelines," Jerry Wit,SVP-Marketing for St. John Properties, says in a preparedstatement. Overall leasing progress at the park remains ahead ofour projected schedule, he adds. Wit did not return a call toGlobeSt.com in time for publication.

Baltimore Crossroads@95 is a 1,100-acre mixed-use business withnine completed buildings. Delivery of this new building, expectedlater this year, will bring the total development there close to400,000 square feet. An additional 65,000 square feet of retailspace has also been built there. The new building will be a40,200-square-foot flex/office located at 435 Williams Ct. St. JohnProperties recently delivered a 46,200-square-foot build-to-suitproject for Danfoss, the US division of the Danfoss Group.

At full build-out, the park, which is positioned off the new MDRoute 43 extension that connects Eastern Boulevard with Interstate95, will have more than five million square feet of commercialoffice space, as well as 120,000 square feet of retail space andseveral full-service hotels. St. John Properties also constructedthe 65,000-square-foot Retail Village at Baltimore Crossroads.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.