Hill Management Services Utilizes Shutdown To Accelerate Building Reinvestment Strategy


Real estate company spending $12 million to improve environment of buildings

6655 Dobbin Road before improvements

The forced shutdown of businesses in response to the COVID-19 pandemic provided Hill Management Services, LLC with the opportunity to accelerate its already ongoing building reinvestment strategy. The locally-based real estate development and investment company took full advantage of buildings that were devoid of tenants and employees for several months, to escalate the interior and exterior improvements of five buildings located in the central Maryland region. Hill Management intends to invest approximately $12 million at the conclusion of this pro-active multi-year program.

“Our corporate mission of providing and maintaining best-in-class office environments is always a top priority and, with many buildings in our portfolio empty or near-empty for several months last year, we had the opportunity to significantly complete or initiate projects without concern of disrupting normal tenant activities,” explained Danielle Beyrodt, Vice President and Chief Operating Officer of Hill Management Services. “As tenants begin to filter back into their office spaces, with many utilizing flex or staggered work scheduling, they can expect to see substantial progress made in a number of areas that positively impact their working environments.”

6655 Dobbin Road after improvements

Recent highlights of the company-wide improvement strategy included a renovated lobby with the installation of new flooring and wall coverings featuring the use of custom art and modern finishes at Timonium Corporate Center. The eight-story, 132,000 square foot Class “A” office building also received a fountain feature, high-speed elevator, revolving door and an upgraded lighting package. Fairgrounds Business Center now sports a newly-installed green exterior facing to highlight its proximity fronting Greenspring Drive in Timonium. The asset was also refreshed with a roadside pylon and new tenant signage.

6655 Dobbin Road in Columbia was the recipient of an updated loading dock, new dock doors, walkways and modernized LED lighting. The 80,000 square foot warehouse/industrial building was also freshly painted, more than 30 parking spaces were added and new tenant signage was installed. The Shell Building, a five-story office building in Towson was refreshed with the installation of new façade panels, a redesigned walkway and the addition of new exterior canopies among other improvements.

Hill Management was able to fast-track a portion of the ongoing improvements being undertaken at the four-building, 550,000 square foot mixed-use Executive Plaza complex in Hunt Valley. Recent work completed in the multi-year project improvement strategy was highlighted by the installation of new pendant lights; upgrades to the on-site deli, fitness center, conference rooms and security station and the completion of new exterior building signage.

“The shutdown was unfortunate and disruptive to everyone, but our team found a silver lining with our ability to make meaningful inroads with our portfolio-wide building upgrades, both inside and out,” Beyrodt added. “We are committed to continuing this strategy in response to tenants becoming more sophisticated with their expectations for a first-class and highly-professional office setting.”

Founded in 1976, Hill Management Services, Inc. is a privately-owned, full-service real estate development company. Located in Timonium, Maryland, Hill Management owns more than four million square feet of office, industrial and retail space as well as several hotel and self-storage facilities. Hill Management Services seeks to provide long-term investments, exceptional customer service, and develop long-lasting tenant-landlord relationships. For more information visit www.hillmgt.com.

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