Merrill Lynch to join 350 Goose Lane Office Park

The Office Park at 350 Goose Lane in Guilford signed a new tenant for Building C – before the scheduled build begins. 

Bank of America Merrill Lynch will occupy the entire third floor of Building C, for a total of 7,472 square feet of office space. With the build scheduled to begin this fall, Horton Group will work closely with Merrill Lynch to customize their office. This will allow the wealth management company the opportunity to create an optimal office floor plan.

The professional campus consists of three buildings. Building A was an existing building completely renovated by the Horton Group. Buildings B and C are brand new Type II-B construction

Customized Office Plans

Like Merrill Lynch, many of the tenants in buildings A and B signed on before construction was complete, allowing for the design of each office space to match the needs of tenants. 

Customization of work environments is becoming more critical to employers, as research shows that well-constructed office plans and green space can increase productivity and job satisfaction. In the offices at 350 Goose Lane, we have incorporated open layouts, glass walls, private meeting areas, collaborative workspaces, and waiting rooms. Each unique space meets the needs of our tenants. 

Unmatched Campus Green Space

Set on 16 acres, 350 Goose Lane Office Park was once home to Wilber & King Nursery. The impeccable grounds have been maintained for the use of green space by tenants in all three buildings. A beautiful courtyard, with outdoor tables, umbrellas, and wifi, allows people to take an outdoor lunch break or even work outside. All three buildings have views of the courtyard and on-site pond. Green space has been shown to increase feelings of contentment at work. 

“What makes the property really amazing is the amount of green space,” stated Horton Group President Kenny Horton. “It’s not the typical pavement, concrete, and walkways you see with other campuses.”

The Horton Group is thrilled to welcome Bank of America Merrill Lynch to this incredible campus. 

Ribbon Cutting at 350 Goose Lane Office Park

Last week, The Horton Group held a Ribbon Cutting for Building B at 350 Goose Lane Office Park. The Shoreline Chamber of Commerce helped kick off the event before guests and tenants mingled and enjoyed refreshments throughout the 16,000 square foot building. They were joined by tenants of the building: One + Company,  Company Cubed, Altman Orthopaedics, Newor Media, and American Cruise Lines, each with a unique office set up that best represents the type of atmosphere desired by each company.

Building B is the second of three buildings on a professional campus that was once home to Wilber & King Nursery. The Horton Group has kept the integrity of the site by first renovating the existing 4,200 square foot Building A, which opened in 2017, and constructing two new buildings (Buildings B and C). The new construction consists of Type II non-combustible steel and concrete structures. Building C, a three-story 24,000 square foot building, is currently being constructed.

While developing 350 Goose Lane Office Park, The Horton Group paid particular attention to the green space surrounding the buildings. Tenants can enjoy the onsite pond, spacious courtyard, and beautiful landscaping. Studies have shown that green space in commercial development has significant benefits for both employers and employees. The Horton Group knew that the former nursery would provide the perfect site for a new office park, combining state-of-the-art building design and ample outdoor space.

Interested in Building C at 350 Goose Lane Office Park? Contact us for details.

Why is Green Space in a Commercial Development Important?

Formerly home to a plant nursery and landscape design company, the 16-acre site of 350 Goose Lane Office Park provides an amazing opportunity to reap the rewards of abundant green space.

Green space is any area of trees, grass, or vegetation, and is especially beneficial in commercial developments. Actions as simple as strategically planting trees can have significant impacts. In urban areas, green rooftops are an option when landscaping space is not available.  According to a report by the Natural Resources Defense Council (NRDC), net benefits of green space include:

  • Higher property values, rental rates, and retail sales
  • Lower energy costs
  • Reduced flood damage and infrastructure costs
  • Improved health and job satisfaction for tenants and employees

In the case of a leased property, developers, landlords, tenants, and employees all benefit. Expense-related benefits are particularly advantageous for tenants in a commercial space like 350 Goose Lane, as the leases offered are triple net, meaning the tenant pays for real estate taxes, building insurance, and maintenance.

Developers must preserve and implement green space wherever and whenever the opportunity is afforded to ensure that a project is economically and environmentally sustainable for all parties involved.

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