The Goddard School Takes 14K SF at Annapolis Technology Park
The Goddard School has signed a 13,560-square-foot lease within Annapolis Technology Park, a 29-acre, mixed-use community in Annapolis, Md., with landlord St. John Properties.
The school plans to open an initial 7,800-square-foot space in October at the property, located at 304 Harry S. Truman Parkway in Anne Arundel County. It will expand by 5,760 square feet next year when the adjacent space becomes available.
“St. John Properties’ [research and development]/flex opportunities cater perfectly to The Goddard School’s needs, while being able to safely accommodate a required outside play area,” Sean Doordan, St. John Properties’ senior vice president of leasing and acquisitions, told Commercial Observer. “The close proximity to dense residential communities, and easy access from Riva Road and Route 50 also played a key role in welcoming The Goddard School to Annapolis Technology Park.”
The Goddard School is a national franchise that offers both child day care services and preschool educational programs. It currently operates more than 525 schools, including two located in Baltimore County business communities owned by St John’s, in nearly 40 states. It serves more than 70,000 students ranging from six weeks to six years of age.
Annapolis Technology Park is situated just south of MD Route 50 and is less than four miles from Downtown Annapolis. It features 133,000 square feet of office, flex/R&D, and retail space. Current retailers include BB&T (now Truist), Squisito Pizza and Pasta, In Grano Bistro-Bakery and Smallcakes Cupcakery.
“When evaluating potential sites for new locations, I consider demographics, barriers to entry ,and the existence of similar child care and teaching entities,” Dipti Singh, franchise owner of the Annapolis school and four other locations, said. “The Annapolis area lacked a nationally-accredited program, and Annapolis Technology Park provided the perfect base for this franchise, due to its strategic location near major highways, in addition to its close proximity to Annapolis and numerous residential neighborhoods. The on-site restaurants will be attractive amenities for our families and staff.”
Stephanie Caronna and Lacy Johansson of St. John Properties represented the landlord in-house, while Chuck Breitenother of KLNB represented the tenant.