Matan Companies Signs 161,500 SF Lease with MCPS at 750 Progress Way in Gaithersburg, MD [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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Source: Yahoo! Finance
I-270 in Gaithersburg, Maryland, consisting of two 198,000 SF Class A buildings at 700 and 750 Progress Way, is now 100% leased. The final piece of the leasing puzzle was completed with the recent execution of a 161,500 SF lease with Montgomery County Public Schools (MCPS) at 700 Progress Way. MCPS joins previously announced tenants AstraZeneca (198,000 SF full-building lease at 700 Progress Way, signed December 2023) and Daikin Comfort Technologies Distribution, Inc. (36,145 SF at 750 Progress Way, signed May 2024), bringing the entire two-building campus to full occupancy. "We are extremely proud to have delivered and fully leased this state-of-the-art campus," said James Matan, Director of Leasing at Matan Companies. "The diversity of best-in-class occupants—AstraZeneca in life sciences, Daikin in advanced HVAC distribution, and now Montgomery County Public Schools—demonstrates the incredible flexibility and strategic location of these assets along the I-270 corridor." Locate
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