JLL to market reimagined Class A Annapolis office property

Manekin LLC and Blue Vista Capital Management have acquired 1750 Forest Drive in Annapolis, Maryland and are planning significant renovations to the 8.18 acre property and its existing buildings to transform them into 120,000 square feet of modern class A office product. Located on a main artery into Annapolis, the property is extremely well located near interstates, residential areas and the amenities of Historic Annapolis.

The renovation will include: a new façade, expanded window lines, architecturally dramatic common areas and expansive skylights providing natural light throughout the interior of the building, enhanced access/parking, new bathroom finishes, upgraded mechanical systems and signature exposure to a 35,000 car count arterial. The General Contractor is Manekin Construction with architectural and engineering design services by DVA Architects (Gaithersburg) and Bay Engineering (Annapolis) and DVA Architects. The renovated property will be completed for delivery in 2017. JLL has been selected to lease the property.

“This unique redevelopment has been planned to set 1750 Forest Drive apart, offering modern, highly functional creatively designed space unlike any other in the Annapolis area with head turning curb appeal,” said John Graham, Managing Director of Manekin LLC. “JLL has the resources and deep market knowledge to find the right mix of tenants to make this redevelopment a thriving community.”

“The current market dynamics in Annapolis are very favorable and this new project is poised to take advantage of interest in office space that is modern, conveniently located and attractive,” said JLL Vice President Colin Penoyar. “An outstanding property like 1750 Forest Drive, offers a wide array of options to tenants seeking to find the right synergy of access, functionality and image, particularly technology and medical users.”

The redeveloped property is well-suited to a wide variety of office tenants including technology, medical, defense/cyber, life sciences, laboratory and professional firms. The finished building has been designed to offer tenants contiguous occupancy from 3,500-82,000 square feet. The property offers easy uncongested access to Route 50/301, I-97 and the waterfront amenities of Historic Annapolis. Signage opportunities with highly visible exposure to Forest Drive are available.

About Manekin

Manekin, LLC, headquartered in Columbia, MD is a commercial real estate development and investment company focused on creating and maintaining long-term value in commercial office, distribution/warehouse buildings, healthcare facilities and retail centers. The firm in conjunction with its stable of institutional partners, offers a complete slate of development, construction, and investment management services in the Mid-Atlantic region. Visit www.Manekin.com for more information.

About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000. On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.