Ruppert Properties Secures 40,000 SF Lease at 200 Monroe Ave. in Frederick, MD
The lease is with Carter Control Systems, to expand their current production
FREDERICK, Md., Aug. 31, 2020 /PRNewswire-PRWeb/ -- Ruppert Properties announces the signing of a 40,000 square foot lease with Carter Control Systems at 200 Monroe Ave in Frederick, MD. Carter Control Systems is a leader in automated material handling and industrial automation solutions. This facility will allow CCS to expand their current production to accommodate the growing demand for their products.
"We have seen an increase in demand from all types of users since the beginning of the year," noted Brandon Cannon, Director of Asset Management for Ruppert Properties. "We are happy that we were able to provide a facility that will allow CCS to continue growing the great company that they have built over the last 35+ years. There is no doubt that some sectors of the commercial real estate market have felt the impact of COVID-19, but we hope that deals like this are an indication that the industrial and flex markets will remain healthy for the foreseeable future."
The 192,000 square foot building at 200 Monroe building is now 100% leased and houses Frederick Community College, Frederick County Workforce Services, PVI Office Furniture and Image Direct.
Brent Prossner and Kyle Bell with Lincoln Property Company represented the Landlord, with Seamus Fitzgerald of Fitzgerald Realty Group also assisting in the transaction.
Ruppert Properties is a privately held commercial real estate investment company that invests, owns and manages flex, industrial and office properties throughout the Baltimore/Washington metropolitan region. Their industry experience and hands-on approach to development, construction, leasing and management allows them to competitively serve a wide variety of users. For more information, visit http://www.ruppertproperties.com.
SOURCE Ruppert Properties
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