(For more retail coverage, click GlobeSt.com/RETAIL and to read more on the industrial market, click here.)
LANDOVER, MD-Advance Realty Group has secured the largest lease of 2006 in Prince George's County, with Giant of Maryland signing a 10-year, 53,556-sf lease at 8301 Professional Place. Giant will move approximately 250 employees to the new address at Metro East Business Campus at the end of this year.
A company spokesperson declined to put a dollar amount for the lease, but did tell GlobeSt.com "that the total aggregate was about $13 million." Giant sold its old building in Landover in 2005.
David Fisher, senior vice president and regional managing director for Advance's Washington, DC region, secured the transaction. Ken Fellows of Scheer Partners represented Advance, while Morgan Sullivan of Jones Lang LaSalle represented Giant.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.