Booz Allen & a Winning Bet
Booz Allen Hamilton renewed 35k SF in Manekin and Alex. Brown Realty’s 4692 Millennium Dr in Belcamp’s Water’s Edge Campus, Colliers’ Matt Haas told us yesterday. The tenant has another 20k SF in 4694, and the leases expire in about four years. The deal must be a relief for the owners, considering Aberdeen's 53% Class-A office vacancy. Harford County offered no Class-A office space 10 years ago, and now there are millions of SF serving Aberdeen Proving Grounds and the defense industry, Matt says, but BRAC-related activity wasn't as robust as anticipated. He and colleague Kevin Haus repped the landlords, and JLL’s James Cahill repped Booz Allen.
Above, Georgia Tech alumni Cole Schnorf and Alton Fryer (both of Manekin) pay their debt at Coal Fire to U of M grads Matt (left) and Adam Nachlas of C&W; every time the basketball teams meet, the loser’s supporters buy lunch while wearing the opponent’s jerseys. This was the gambling foursome's last hurrah, though, as Maryland is leaving the ACC for the Big Ten.