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FULTON, MD-St. John Properties has become a part owner of three buildings in the Maple Lawn 600-acre mixed-use community here, buying a stake in 8161, 8170 and 8171 Maple Lawn Blvds., for $65.7 million from owner Greenebaum & Rose Associates. The two firms have worked together in earlier projects, but this partnerships looks to be a long-standing one as it also includes the potential to be a 50% partner in the development of an additional 670,000-square feet of office and more than 100,000-square feet of additional commercial space such as retail. “It was a good deal for both, as a year ago those buildings wouldn’t have had that value and there wouldn’t have been the level of interest that there was in the offer,” HFF’s Dek Potts tells GlobeSt.com.

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