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SPARKS, MD-BPG Properties has inked a renewal with MobilexUSA for 18,357 square feet at 930 Ridgebrook Rd., a 72,406-square-foot, three-story office building that is part of the three-building Tower Point at the Highlands. That particular building was recently vacated by Fundamental Administrative Services, which consolidated its two-building operations into 920 Ridgebrook Rd., the sister 94,071-square-foot office building at Tower in May.

In this latest transaction, MobilexUSA was represented by Athan Sunderland of Preston Partners. BPG was represented by Hayes Merkert and Danielle Schline of Preston Partners. Currently, there are two floors, totaling approximately 54,000 square feet available at 930 Ridgebrook.

BPG acquired 221,234-square-foot office campus in the first quarter 2005 on behalf of BPG Investment Partnership VI, L.P., a $384-million private equity fund. Since then, BPG sold the 56,000-square-foot 910 Ridgebrook Rd. It has also obtained municipal approvals to develop up to 103,000 square feet of additional office space at a newly entitled site adjacent to the existing buildings. MobilexUSA had a sublease in 920 Ridgebrook, Brian Fitzgerald, BPG’s new VP of the DC regional office tells GlobeSt.com. In this deal they are a prime tenant.

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