another business park under development in the area, is planning to focus this one on the automotive industry. Tenants will include companies that offer repair services, painting or detailing and that sell parts and systems, such as tires, audio equipment and anti-theft devices. The park will also have a retail component, with each of the first three buildings to be developed featuring a retail store front.

The five-building development will be called Glen Burnie Crossing. The first three buildings, totaling 100,000-square feet, appear to be developed on spec based on the company's announcement – however St. John Properties was unable to return a call to GlobeSt.com in time for publication to confirm that. These three building--which will also have 16 foot clear ceilings, and drive through space with bay sizes starting at 2520 square feet of space--will deliver in Q3 of 2009. Construction on the remaining two buildings will be timed with leasing velocity at the park, the company says.

There is an untapped demand for an automotive-oriented business park, according to Jerry Wit, SVP of Marketing and Leasing. The project will also appeal to a variety of other industries that are looking for a location in central Anne Arundel County, he also says in a prepared statement. "This sub-market is healthy and growing and we are talking with a number of potential tenants to kick-start our leasing," Wit says.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.