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Bill Meissner, Vice President News

For Immediate Release
April 2004

Contact: Bill Meissner, Ruppert Properties (301) 482-0300

Ruppert Breaks Ground On Stanford Trading Center I

Laytonsville, MD - Frederick, MD - Bill Meissner, vice president of Ruppert Properties, is pleased to announce that construction has begun on Stanford Trading Center I, a speculative 39,600-square-foot tilt-up concrete office/warehouse project located in the Stanford Business Park (also owned by Ruppert Properties). Morgan-Keller, Inc. of Frederick, Md., is the general contractor.

Located just off Route 15 and Mountville Road in Frederick, Md., Stanford Trading Center I will feature tenant spaces from 4,800 square feet to 39,600 square feet. The building offers 24-foot clear ceilings and dock and drive-in loading, providing businesses with economical high-utility space in an attractive, covenant-protected environment. Stanford Trading Center I is the first of three buildings to be developed by Ruppert Properties within the Stanford Business Park. The park offers convenient access to Frederick's central business district as well as highway access to Washington, Baltimore, northern Virginia and other surrounding markets.

"The decision to build a spec warehouse was based on our recent experience leasing the Frederick Trading Center [formerly the Frederick Trading headquarters on the corner of Route 26 and Monocacy Boulevard in Frederick City]," says Meissner. "It became evident that there was a demand for small-to-mid-size warehouse/office space and Stanford Business Park provides the ideal location. Our goal is to present an affordable option to business owners for an aesthetically pleasing, well-built and well-maintained professional building."

"Pre-leasing interest has been brisk," continues Meissner. "Our goal of 100-percent occupancy upon the completion of construction in August 2004 is within reach."

For additional information, contact leasing agent Chad Tyler of Tyler-Donegan at 301-831-8575, ext. 227.

Ruppert Properties is a full-service commercial real estate company that owns, develops and manages commercial real estate throughout the Washington/Baltimore Metropolitan area.

 


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