While the monetary value of Wells Fargo's lease at buildings on New Horizon Way and 7445 New Technology Way is not being revealed, many of the park's other flex buildings built in the mid-1980s are marketed for $12.50-per-sf.
"We started conversations with Wells Fargo in August 2000 about their desire to stay in Frederick and the I-270 Technology Park," Manekin LLC vice president Barbara C. Alden says. Manekin, which owns the business park, represented itself in the transaction while The Staubach Company stood jin for Wells fargo. "Their expanded presence elevates the Park's reputation and enables us to attract additional quality tenants," Alden continues.
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