BALTIMORE, MD (March 25, 2024) – St. John Properties, Inc. has attracted four new restaurants to Cromwell Business Park, a 165-acre mixed-use business community situated adjacent to BWI Airport in Anne Arundel County, Maryland. Chipotle Mexican Grill, Charleys Cheesesteaks and Wings, Hibachi Express and TropQ Pizza are each expected to open at 920 Cromwell Park Drive later this year. Eric Llewellyn of St. John Properties represented the landlord in each transaction.
Chipotle Mexican Grill is known for its burritos, tacos, burrito bowls and salads utilizing high-quality raw ingredients, combined with an interactive experience that allows consumers to customize their meal. The quick service restaurant opened 121 stores nationwide last quarter and forecasts to open approximately 300 new stores in 2024. Chipotle recently announced a 7.4 percent increase in foot traffic to its stores last quarter. Andrew Segall, Segall Group represented Chipotle Mexican Grill in this lease transaction.
The Cromwell Business Park location will feature the company’s second Chipotlane® in the Anne Arundel County area, following the opening of the restaurant’s first drive thru pickup lane concept at Lakeshore Plaza last year. Introduced in the U.S. in 2018 and available for digital orders only, Chipotlane is designed to provide customers and delivery drivers with a quick and convenient experience.
“Cromwell Business Park is an excellent fit for Chipotle Mexican Grill and, with the addition of a Chipotlane, we look forward to the opportunity to make it even faster and easier to order and pick up a burrito or bowl,” explained Karen Elsbury, Real Estate Manager, Chipotle Mexican Grill. “We were attracted to the business community’s proximity to Interstate 97, the adjoining residential neighborhoods and existing co-tenancy.”
View the full citybiz article HERE
