HUNTSVILLE, AL | November 1, 2021 – An aerospace and defense technology company will occupy a pair of new office buildings.
Corporate Office Properties Trust’s offerings at Redstone Gateway, its 470-acre mixed-use office campus in Huntsville, Ala., will soon expand with the addition of two new buildings at an aggregate development cost of $103 million. The structures, totaling 263,000 square feet, will sprout up as a result of two build-to-suit leases the developer just signed with Northrop Grumman Corp.
Redstone Gateway, located adjacent to the primary access point of the U.S. Army’s approximately 38,000-acre Redstone Arsenal in the Cummings Research Park submarket, occupies land owned by the U.S. Government under a long-term master lease agreement with COPT and joint venture partner Jim Wilson & Associates. Redstone Gateway has been consistently growing since the establishment of the 2010 joint venture and today, the mixed-use campus consists of a series of Class A office buildings, flex/R&D facilities, a data center, a hotel and retail space.