Floor & Décor Lays Groundwork for New Baltimore Location
By Keith Loria August 8, 2023 4:24 pm
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Retailer Floor & Décor is opening its second location in the greater Baltimore region in Glen Burnie, Md.
With stores and design studios across 36 states, the Atlanta-based company has inked its latest lease at Glen Burnie Crossing, a 157,890-square-foot, eight-building business park owned and developed by St. John Properties.
Floor & Decor will occupy 75 Dover Road, with construction expected to begin on the build-to-suit project later this year. Two additional buildings are currently under construction and scheduled to be completed in June 2024, while six other buildings are presently open.
It’s unclear how large it will be at this time, though the prototypical Floor & Decor building size is in the 75,000 to 80,000 square foot range. “The warehouse store and design center will open with a team of about 50 full-time and part-time associates ,” according to a statement.
“As we are a long-term holder of commercial properties, this ground lease allows St. John Properties to maintain ownership, while Floor & Decor develops their own site and prototype building to meet its specific real estate requirements,” Bill Holzman, St. John Properties’ vice president of retail leasing, said in the statement.
Glen Burnie Crossing is located at the intersection of Ritchie Highway and Dover Road, where more than 55,000 vehicles pass the site daily, and nearly 80,000 consumers reside within a three-mile radius, according to St. John Properties.
Last year, Floor & Decor opened its first Baltimore-area store in the county’s Parkville community. The retailer has additional locations in Gaithersburg, Capitol Heights and Silver Spring, per the statement.
Holzman handled things for St. John Properties, while John Meyer and Brian Finkelstein of KLNB represented the tenant in the lease.
Update: This story originally misattributed source material. This has been corrected. We apologize for the error.
Keith Loria can be reached at kloria@commercialobserver.com.
