A joint-venture between Minkoff Development and South Duvall has signed a lease with Hughes Network Systems LLC to build a 140,000 square foot build-to-suit project on Montgomery College’s Germantown Campus.
The campus currently is home to the Pinkney Innovation Complex for Science and Technology at Montgomery College (PIC MC) with Holy Cross Germantown Hospital as its anchor tenant. Located at 19710 Observation Drive in Germantown, adjacent to the Hughes headquarters complex, the new high-tech manufacturing building will house production of Hughes satellite broadband and networking equipment.
Minkoff Development and South Duvall responded to an RFP from PIC MC in 2018 and the joint venture was awarded the exclusive development rights and long-term ground lease for the 5.67-acre parcel on the Montgomery College Germantown campus and located within a RISE & Opportunity zone.
As part of the arrangement, Hughes and Montgomery College (MC) will continue to collaborate on training and educational initiatives.
Scheer Partners, Henry Bernstein, Matt Brady, and Aaron Gambini led the building’s leasing efforts, and Kevin Wille, Nadia Kahler, and Brad Wilner with CBRE represented Hughes.
South Duvall is a commercial real estate investor headquartered in Rockville, focusing on value-add properties and select stabilized properties.