Lincoln Property Company, in partnership with UBS Realty Investors, LLC, is pleased to announce that both phases of Lincoln West in Frederick, MD, are underway. Phase I, located at 6051 Jefferson Station Court, and Phase II, located at 5961, 5971, and 5981 Jefferson Station Court are conveniently situated at the intersection of Routes 70, 15, and 340 in Frederick, MD.
Lincoln West Phase I is a 216,028 square foot, Class A distribution warehouse and is currently under construction. It includes 32’ clear ceiling heights, ESFR, and 50 trailer drops. The scheduled completion is July 2022 with prospective tenants able to start on their own tenant fit-outs by May 2022.
Lincoln West Phase II, located adjacent to Phase I, is site plan approved and scheduled to begin moving dirt in 2Q 2022. Phase II consists of 3 buildings: Building A, located at 5971 Jefferson Station Court is a 175,420 sf Class A building with 28’ clear ceiling heights and ample parking. The two smaller buildings, Building B with 29,432 sf is located at 5981 Jefferson Station and Building C with 22,826 sf is located at 5961 Jefferson Station Court. Both buildings will make great headquarters options.
“We view both phases of Lincoln West as a campus that will enjoy immediate access to major highways, Rt. 70 and Rt. 270, connecting it to Baltimore, Washington D.C., and all of Frederick’s amenities, said Brent Prossner, Senior Vice President of Lincoln’s Maryland leasing team. “Phase I provides a great opportunity for the last mile distribution user; Phase II was planned for flexibility to easily bring in extra power and water to attract Life Science and Bio- manufacturing.” Brent continued, “We wanted to make sure that we not only caught the attention of warehouse distribution groups for our large building in Phase I but also to capitalize on Frederick’s robust Life Science community by providing an attractive product for potential Life Science, Bio-manufacturing, light assembly, and manufacturing tenants. Early interest has been strong and we’re touring companies in each of these groups”
Lincoln Property Company’s Kyle Bell and Brent Prossner represent the ownership for Lincoln West Phases I and II.
About Lincoln Property Company
Lincoln Property Company is a Dallas, Texas based global real estate company with offices in more than 450 cities in the United States and ten cities throughout Europe. As a one of the largest privately-held, full-service real estate firms in the U.S., it provides real estate investment and acquisition, property management, engineering and facilities management, development management, construction management, and brokerage services worldwide. Lincoln Property Company currently has $82 billion in total assets under management, has 433 million square feet under leasing and/or management, and has developed 140 million square feet of office, residential and industrial space. For more information on Lincoln Property Company, please call 202.513.6700 or contact Erin Goonan [email protected].