Annapolis Tech Park Opens Doors to Four More

ANNAPOLIS, MD-The two new restaurant/service structures at MIE Properties Inc.’s $25 million mixed-use Annapolis Technology Park have recently secured their first tenants. Four retailers have committed to space in the two 8,125-sf buildings in the 29-acre business park. Real estate services firm NAI KLNB Inc. is responsible for leasing activity at the property.

While the terms of the retailers’ leasing agreements have not been disclosed, NAI KLNB’s Michael Patz tells GlobeSt.com that space in the two new structures leases for $35 per-sf, and the firm has been achieving anywhere from $32 to $35 per-sf.