The 612,000-sf park, located at the intersection of theBaltimore-Washington Parkway and Nursery Rd., should be finished infive years, Witt says. The first building, an 80,000 sf industrialbuilding projected for completion in June, will lease for $9 per sfshell industrial gross.
When completed, the park will have 12 buildings of unifiedarchitecture arranged in a campus-like setting. This is MIE's sixthsuch development in the BWI vicinity, and the 33rd in the Baltimorearea. The business park will bring MIE's portfolio to two millionsf in the BWI area.
MIE, founded in 1971, has developed roughly 8.5 million sf inthe Baltimore area. The company also has projects in Colorado andWisconsin. The company specializes in flex space to meet thegrowing demands of high technology companies.
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