Lockheed to move from Linthicum to smaller quarters Annapolis Junction is new office site

June 26, 1993|By Timothy J. Mullaney | Timothy J. Mullaney,Staff Writer

Lockheed Missiles & Space Co. Inc. said yesterday that it will move out of 43,000 square feet of office space at Airport Square in Linthicum and into 15,807 square feet at Constellation Real Estate Inc.'s National Business Park complex in Annapolis Junction.

"We're downsizing," said Bill Bergstrom, manager of facilities and security for Lockheed, a unit of California-based Lockheed Corp. But he said the move would not mean further layoffs.

"The [layoffs] have already happened," he said. "We've been reducing for the last year."

However, the company is doing some selective hiring of software engineers, he said.

About 70 employees are expected to make the move to the new location, which Mr. Bergstrom said would occur between July 16 and July 20.

Lockheed is a contractor for the Department of Defense and the National Aeronautics and Space Administration, Mr. Bergstrom said.

He said the National Business Park building, which contains 68,000 square feet and has stood empty during the real estate recession, offered "the best product for the price" and the added advantage of being close to NASA's facilities at Goddard Space Flight Center.

Larry Lichtenauer, a spokesman for Constellation, said the lease brings occupancy at the building, located at 131 National Business Parkway near the junction of Route 32 and the Baltimore-Washington Parkway, to 23 percent.

The lease also brings overall occupancy at Constellation's portfolio of office and retail properties to about 91 percent, he said, up from about 58 percent 18 months ago. Constellation is a unit of Baltimore Gas and Electric Co.

Officials at Airport Square couldn't be reached for comment yesterday.

Baltimore Sun Articles
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.