Ruppert Properties Signs 60,000 SF Lease with Major Biotech Supplier
Laytonsville, MD
01/29/2018 03:59 PM

Ruppert Properties is pleased to announce that it has signed a deal to lease 60,000 SF with a leading global supplier to the pharmaceutical and biotech industries at Monocacy Trading Center in Frederick, MD. With this deal, the 203,000 SF warehouse facility is now 86% leased. Seamus Fitzgerald with Fitzgerald Realty represented the landlord while John Leubecker and Ben Meisels of JLL represented the tenant.

Ruppert Properties President and Managing Partner, Bill Meissner, called the deal a “huge win” for Frederick County and Monocacy Trading Center. Meissner stated “we’re excited to add a significant credit tenant to this asset and we see this deal as evidence that there is continued momentum across the entire industrial sector.” Monocacy Trading Center’s newest tenant joins Miscellaneous Metals, who recently signed a 20 year lease for 113,000 square feet.

Located at 8301 Retreat Road, the property is the former home of the Rotorex Corporation and boasts 22-foot clear ceiling height with plentiful parking for vehicles and trailers. The property was acquired in 2014 by Ruppert Properties and has undergone a complete renovation. The remaining 30,000 square feet available for lease features a new ESFR sprinkler system and can accommodate dock or drive-in loading. Additional information can be found at monocacytradingcenter.com.

For leasing information, contact Seamus Fitzgerald at 301-787-4050.

Reference
Bill Meissner
301-482-0300
 
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