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Progress Labs at Riverside I 8484 Progress Dr

5,522 - 215,000 SF of 4-Star Flex Space Available in Frederick, MD 21701

Virtual Tour

Highlights

  • New high-bay flex-use facility with a 33' ceiling height, mezzanine/second-floor space, private outdoor amenity area, and secure service/storage yard.
  • Designed for biotech/life science companies, the new facility is connected to an existing building that will be upgraded into a modern workspace.
  • Amenities abound with a five-minute drive to Clemson Corner and Market Square with Wegmans and OneLife Fitness, and a ten-minute drive to downtown.
  • Perfectly positioned 48 miles from Washington, DC and 49 miles from Baltimore, MD, with a ten-minute drive to the MARC station with trains to DC.
  • Exceptional access to major freeways with a five-minute drive to Frederick Fwy, an eight-minute drive to I-70, and an 11-minute drive to I-270.
  • Strategically within an hour's drive of three of the nation's busiest airports, Dulles, BWI, and Washington National, plus the Port of Baltimore.

Features

Clear Height
33’
Column Spacing
40’ x 40’
Exterior Dock Doors
4
Standard Parking Spaces
948

all available spaces(6)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 71,985 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • Shell Space
  • Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space
  • 1st Floor
  • 32,600 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • Full Build-Out
  • Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space
  • 2nd Floor
  • 31,900 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • -
  • Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space
  • 2nd Floor
  • 5,522 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • Shell Space
  • Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space
  • Mezzanine
  • 41,093 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • Shell Space
  • Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space
  • 3rd Floor
  • 31,900 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Flex
  • -
  • Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space
Space Size Term Rental Rate Space Use Condition Available
1st Floor 71,985 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex Shell Space Now
1st Floor 32,600 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex Full Build-Out Now
2nd Floor 31,900 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex - Now
2nd Floor 5,522 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex Shell Space Now
Mezzanine 41,093 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex Shell Space Now
3rd Floor 31,900 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Flex - Now

1st Floor

Size
71,985 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
Shell Space
Available
Now

1st Floor

Size
32,600 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
Full Build-Out
Available
Now

2nd Floor

Size
31,900 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
-
Available
Now

2nd Floor

Size
5,522 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
Shell Space
Available
Now

Mezzanine

Size
41,093 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
Shell Space
Available
Now

3rd Floor

Size
31,900 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Flex
Condition
-
Available
Now

1st Floor

Size 71,985 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition Shell Space
Available Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space

1st Floor

Size 32,600 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition Full Build-Out
Available Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space

2nd Floor

Size 31,900 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition -
Available Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space

2nd Floor

Size 5,522 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition Shell Space
Available Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space

Mezzanine

Size 41,093 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition Shell Space
Available Now

New Building

  • Can be combined with additional space(s) for up to 118,600 SF of adjacent space

3rd Floor

Size 31,900 SF
Term Negotiable
Rental Rate Upon Request
Space Use Flex
Condition -
Available Now

Existing/Renovated Building

  • Fits 77 - 246 People
  • Can be combined for up to 96,400 SF of space

Property Overview

Progress Labs at Riverside builds on the legacy of successful biopharmaceutical and biotech research, manufacturing, and office facilities in and around Frederick, Maryland, and answers the market's demand for modern R&D space. Tailored to biotech/life science companies' specific needs, the campus includes all the necessary electrical, mechanical, and plumbing requirements. Progress Labs at Riverside boasts a new two-story high-bay manufacturing and warehouse facility connected to an existing three-story office building, which will be transformed into an integrated state-of-the-art biotech workplace. An iconic lobby unites the existing space with the new building and features stylish designs, top-of-the-line finishes, and floor-to-ceiling windows. Ideally located in an established, interconnected business park, Progress Labs at Riverside offers generous, well-lit parking and a secure outdoor equipment and service yard supporting the manufacturing and laboratory facilities. At the heart of the campus is a picturesque 4.5-acre amenity park featuring a pond with fountains, walking paths, seating areas, and a covered pavilion. Progress Labs at Riverside boasts a strategic location adjacent to the National Laboratory of the National Cancer Institute, a half-mile from Clustered Spires, Frederick's best public golf course, and five miles from Fort Detrick. The campus is also perfectly positioned within two miles of Clemson Corner and Market Square, popular shopping destinations with top-tier retail.

PROPERTY FACTS

Building Size
215,000 SF
Lot Size
14.87 AC
Year Built/Renovated
2007/2022
Construction
Reinforced Concrete
Sprinkler System
ESFR
Water
City
Gas
Natural
Power Supply
Amps: 3,500 Volts: 277-480 Phase: 3 Wire: 4
Zoning
MXE - Mixed Employment

Marketing Brochure

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Washington
702,455
50
1 h 14 m
Philadelphia
1,584,138
155
3 h 17 m
New York
8,398,748
246
5 h 4 m
Columbus
892,533
355
6 h 50 m
Charlotte
872,498
415
7 h 57 m
Indianapolis
867,125
527
9 h 60 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
207,197
Total Labor Force
129,157
Unemployment Rate
2.08%
Median Household Income
$107,176
Warehouse Employees
10,241
High School Education Or Higher
93.40%
$ values in USD

Leasing Agent

Leasing Agent

Power Broker
(301) 815-9964 x964
Contact
Brad Benna, Director, Leasing
(301) 815-9964 x964
Contact
As a member of Matan's Leasing and Acquisitions team, Brad Benna focuses on all activities associated with the marketing, brokerage, and negotiation of both new and existing leases along the northern I-270 corridor. Brad spends much of his time in Frederick and Northern Virginia, seeking to expand the footprint of the Matan organization and overseeing acquisitions in these areas. Prior to taking this role at Matan, Brad, a commercial real estate broker, served as Vice President of Sales and Leasing for McShea and Company. Though, he credits most of his real estate ingenuity to the years he spent working alongside his father in his family-owned construction businesses.

Brad holds a Bachelor of Science Degree in Accounting from Georgetown University. Among his many achievements, Brad was named Broker of the Year in Frederick County in 2016 and 2017. An active leader in regional economic development, Brad serves on the Board of Directors for the Chamber of Commerce of Frederick County, the Business and Industry Committee of Frederick Memorial Hospital, and the Business and Industry Committee for the Frederick Office of Economic Development. Formerly, Brad worked with the Affordable Housing Council of Frederick County, the Downtown Frederick Partnership and was a 2005 Leadership of Frederick graduate. Brad continues to give back to his community through volunteer work with the Rescue Mission and serving as both a baseball and basketball coach for the county youth.
  • Listing ID: 21479785

  • Date on Market: 2021-01-05

  • Last Updated:

  • Address: 8484 Progress Dr, Frederick, MD 21701

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