Baltimore, MD – Kinsley Properties and Sherwood Partners, LLC today announced they will break ground on Fieldside Commons in mid-April. Adjacent to Ripken Stadium in Aberdeen, Maryland, Fieldside Commons encompasses 24 acres and will consist of four, four-story, Class A office buildings totaling 500,000 square feet. The first building (120,000 square feet) is expected to deliver January of 2012. Located on Long Drive, Fieldside Commons is adjacent to Interstate 95 and less than five miles from Aberdeen Proving Ground (APG).
Fieldside Commons is being developed to satisfy growth generated by the Base Realignment and Closure (BRAC) Initiative in Harford County, Maryland and is only the second major office site to be constructed west of I-95 in that county. BRAC is the process the Department of Defense (DoD) used to reorganize its base structure to increase efficiency. This reorganization is adding thousands of new jobs and infrastructure to APG and surrounding area.
J. Joseph Credit of Sherwood Partners, LLC commented, “I am delighted to be working with the Kinsley team. We are collaborating on the development of Fieldside Commons to provide a superior office development, adjacent to the interchange of Interstate 95 and Maryland Route 22. The buildings will be beautiful. But more importantly, they have been designed to meet the needs of today’s tenants, including a LEED Silver designation. The site provides convenient access to APG, residential communities and popular area amenities including the nationally renowned Ripken Stadium that is right next door.”
The owners have selected Cassidy Turley to lease the project. “Fieldside Commons is being developed by two quality developers who are very familiar with Harford County. We are excited to work with them on this project,” said David Gillece, Regional Managing Principal of Cassidy Turley. “Within the last 18 months, approximately 700,000 square feet have been developed along Route 40 from Aberdeen to Edgewood. As the market develops, we believe those central locations in Harford County, adjacent to
I-95, will become the preferred sites.” Doug Brinkley, Lizzy Sweeney and John Schulze of Cassidy Turley in Baltimore and Doug Twyman of Cassidy Turley in New Jersey will directly represent Fieldside Commons in this assignment.
About Kinsley Properties
Kinsley Properties is a fully integrated real estate developer servicing multiple markets throughout the mid-Atlantic region. Services include property development, construction management and property management. Kinsley has the experience as well as in-house capacity to sole source the management of project development from concept to occupancy and follow up with the ongoing property management. Kinsley has been active developing office, mixed-use and industrial properties in the Maryland market for over twenty years. Kinsley’s focus is to provide value-added real estate opportunities and solutions for their clients in an effort to build lasting relationships. This focus has resulted in a high rate of repeat business and customer satisfaction.
About Sherwood Partners, LLC
Sherwood Partners, LLC is a privately held real estate development, investment and advisory company whose principal, J. Joseph Credit, is the former president and CEO of Nottingham Properties, Inc. Prior to its sale in 2007, Nottingham Properties, Inc. was a regional real estate developer/investor best known for its role as master developer of the White Marsh master planned community in Baltimore County, Maryland.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with 3,000 professionals in 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $17 billion in 2010, manages 430 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.