24 Apr 2019
St. John Properties, Inc., one of the Mid-Atlantic region’s largest privately held commercial real estate firms, recently announced plans to build three state-of-the-art self storage facilities in Baltimore and Anne Arundel counties.
Each of the facilities will be constructed within three of the company’s mixed-use business communities throughout Anne Arundel and Baltimore Counties, with the inaugural site located at Greenleigh at Crossroads near the White Marsh section of Baltimore County. Each of the initial sites will be managed by Extra Space Storage.
Construction will initiate in early 2019 on the first facility within Greenleigh at Crossroads that will contain 959 climate-controlled units within a nearly 135,000 square foot building, with delivery scheduled for fall 2019. Each facility will feature 24/7 access, computerized entry gates, alarmed units and 24-hour digital video recorder monitoring. Professional staff will be on-premises on a 24/7 basis to assist the needs of customers.
“We have been tracking the pace of the self storage industry for the last several years and believe the continued proliferation of multifamily residential units in the Maryland area has spawned the need for additional storage capacity among the renter population."
-Sean Doordan, senior vice president, leasing and acquisitions, St. John Properties
“These facilities are also popular among businesses of all sizes that require off-site storage requirements," explains Doordan. "With our land availability in several mixed-use business communities, we believe this is the opportune time to enter the self storage product category and add another valuable amenity for our clients and the surrounding neighborhoods.”
This year, St. John Properties also plans to build self storage facilities within BWI Technology Park II, a 44-acre business community located adjacent to the Baltimore-Washington International Airport as well as Waugh Chapel Business Park, a planned nine-building mixed-use business community in the Gambrills section of Anne Arundel County.
Established in 1971 by Edward St. John and headquartered in Baltimore, Maryland, St. John Properties has developed, constructed and owns 20 million square feet of office, flex/research and development, retail, warehouse and residential space. Its real estate investments are valued at more than $3 billion, servicing over 2,100 clients across eight states including Maryland, Colorado, Louisiana, Nevada, Pennsylvania, Utah, Virginia, and Wisconsin. The company was named the national “2018 Developer of the Year” by NAIOP, the Commercial Real Estate Development Association.
