KEYW Leases Space in a New Building to Be Developed by COPT in Hanover
By Adrian Maties, Associate Editor
At the end of 2013, the Baltimore Sun named the KEYW Corporation one of Baltimore’s Top 100 Workplaces. Since then, the cyber security services provider has continued to grow and, recently, has announced its plans to expand.
On April 1, KEYW said it has signed a 10-year lease with the Corporate Office Properties Trust (COPT) for an additional 88,500 square feet of space in a new building. It will be constructed at 7880 Milestone Parkway, close to KEYW’s current headquarters, in Hanover. It will be close to both Fort George G. Meade and the National Security Agency.
The new building will house KEYW’s Advanced Cyber Research and Training Center. There, KEYW will develop tools and analytics to help protect and defend the United States against cyber terrorists. The state-of-the-art training center will also help train the students required to bring the cyber warfare forces up to full strength.
“KEYW has always been on the leading edge of cyber security and this investment to expand our infrastructure comes as a result of our recognition that the U.S. Government needs the cyber expertise we provide,” KEYW President and CEO Len Moodispaw said in a statement for the press.
During the first quarter of 2014, COPT has completed 176,000 square feet of development leasing at four distinct projects, in Maryland, Philadelphia and Northern Virginia. It will soon start work on the new building for KEYW. Plans call for a four-story structure, with 120,000 square feet of space. KEYW’s lease is expected to start during the third quarter of 2015. The cyber security company has the option to take the remaining 30,000 square feet of space.
Founded in 2008, KEYW has expanded rapidly and now has nearly 1,100 employees in five states. Recently, the company has expanded its Airborne Sensors and Flight Operations Center in North Andover, Massachusetts by 10,000 square feet to support new sensor technologies and flight service offerings. It also plans to expand into an additional 15,000 square feet of space in its Severn, Maryland facility to accommodate growth in both sensor and microelectronic development.
Photo credits: The KEYW CorporationTags: Acquisitions/Dispositions, Advanced Cyber Research and Training Center, Baltimore, Baltimore Lead Story, Brokers, Commercial, commercial real estate, construction, COPT, Corporate Office Properties Trust, Developers, Development, economy, Hanover, KEYW, KEYW Corporation, leasing, Local, National, Office, Regional