Financial terms of the long-term lease agreement with propertyowner and developer Corporate Office Properties Trust have not beendisclosed. However, when the US General Services Administrationleased a 120,000-sf building at the park in December a spokespersonfor the company told GlobeSt.com that the market rate for class Aoffice space in the western Anne Arundel County is in the mid-$20range.

"We continue to experience strong demand for the NationalBusiness Park," says Randall M. Griffin, COPT president and COO.Northrop Grumman's new home at the park--which is located at theintersection of the Baltimore-Washington Parkway and Route 32--isscheduled to reach completion this month. The building is part ofthe park's 1.5-million-sf Phase I; Phase II will add an additional1.3 million sf. National Business Park's completed buildings all100% occupied.

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