St. John continues Reisterstown Crossing building

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St. John Properties still believes in the suburban office park, and the firm has announced the start of construction on a second office building in its Reisterstown Crossing development.

The building, at 118 Westminster Pike, will be a two-story Class A office building with 30,600 square feet. The glass-and-brick building will feature 30-foot ceilings and is aimed at professional services such as law firms, accountants with space for retail/customer service on the building’s first level.

St. John also announced that it has fully leased the building at 116 Westminster Pike. Leases at that property include the recent signing of Pain Treatment Center of Maryland and Reverse Mortgage Corp. Tenants also include Koman Orthopedics and Sports Medicine and Charter Radiology.

“Leasing pace at Reisterstown Crossing remains extremely strong, which provided us with the confidence to construct the next building in this community,” Richard Williamson, senior vice president, leasing for St. John Properties said in a news release. “A number of different business categories remain attracted to Reisterstown Crossing due to its excellent highway visibility, proximity to adjacent residential communities and position in northwest Baltimore County area and near the Carroll County region.”

When the more-than-10-acre mixed-use business community off Interstate 795 in western Baltimore County is complete, it will have more than 100,000 square feet of office and retail space.

There’s been debate in recent years about the future viability of suburban office parks. During Saul Ewing LLP’s commercial real estate conference in November, panelists were split when discussing whether firms will continue to flow to urban areas or whether that trend would eventually reverse if millennials followed the pattern established by their parents and grandparents and flee to the suburbs to raise families.

Adam Ducker, managing director Bethesda-based RCLCO, argued that suburban office space would remain attractive because CEOs still prefer to live in the suburbs, and that, as a general rule, it is cheaper than leasing urban office space.