700/750 Progress Way in Gaithersburg, Maryland, is a Class A, 44-acre industrial park fronting Interstate 270 at the Montgomery Village Avenue exit.
750 Progress Way is available for lease. The property offers 198,000 square feet of brand-new space and features a 32-foot clear ceiling height, 50 by 52-foot column spacing, 50 dock doors, LED lighting, and 3,500-amp, 480/277-volt, 3-phase power. Tenants have access to two employee amenity areas and a linear park, which has outdoor seating, green space, and on-site retailers like Chick-fil-A and Sheetz. The property is next door to the recently constructed 300,000-square-foot FedEx Ground facility and just south of the new Watkins Mill Interchange. 700 Progress Way is fully leased to AstraZeneca, a global, science-led biopharmaceutical company.
Gaithersburg presents a robust workforce, strategic location, and excellent accessibility to provide an inviting business environment in the southern Maryland region. The site is conveniently located along Interstate 270 and Route 355, 6 miles north of the beltway and 20 miles northwest of Downtown Washington, DC. This high-barrier-to-entry Montgomery County location serves over 6.2 million residents in the Washington, DC, MSA, making it an excellent headquarters or distribution location. 750 Progress Way further benefits from nearby access to Ronald Reagan Washington National Airport, Dulles International Airport, and the Port of Baltimore.
James Matan
Matan, Inc.