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Office-Warehouse Draws Tenants for Highpoint

HANOVER, MD-The 99,600-sf building has a 30% office finish as opposed to the traditional 10% in warehouses.

By Erika Morphy | Updated on April 26, 2007

(Read more on the industrial market.)

HANOVER, MD-Liberty Property Trust is getting set to deliver the first of two planned buildings at its new Highpoint 100 business park here. The first building, a 99,600-sf flex facility that offers a greater percentage of office space than a traditional warehouse facility, broke ground with a 50,000-prelease deal inked by Dynamic Designs Enterprise. Development costs were $99 per sf, or $9.8 million, including office build-out allowances for tenants.

Located at 7351 Coca Cola Dr., the single-story flex building has a 30% office finish. Situated on 19 acres, the two buildings are also close to Interstate 95, Route 100, Route 295 and the airport.

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