News release

TwinLabs at 5640 Fishers Lane Achieves 100% Preleasing

JLL fully leases first phase of Rockville life sciences project; Phase Two to deliver in Spring 2022

November 04, 2021

Jessica Wozniak

Agency Leasing and Markets PR
+1 312-288-3950

Bethesda, MD, November 4, 2021 – JLL announces today that the first phase of TwinLabs at 5640 Fishers Lane in Rockville, Maryland is fully preleased with four leases totaling more than 25,000 square feet. GlenLine Investments and Singerman Real Estate are redeveloping the former NIH/NIAID complex into highly functional Class A lab space.

“We began marketing the asset earlier this year and immediately saw interest from prospective tenants due to the high quality of the buildout, the speed of delivery and the walkable amenities and Metro line were true differentiators,” noted Danny Sheridan, Managing Director, JLL. “We consistently heard from tenants in the market that this location was preferred and we’re delighted to achieve full occupancy prior to delivery.”

The companies opening in November at TwinLabs – 22nd Century Group, IO Biotech, ResInnova Labs and Liatris – represent growth areas in the Maryland life science cluster including plant biotechnology, anti-cancer immunotherapy, infection prevention, and materials science. Phase Two of the development will deliver five additional pre-built lab suites in Spring 2022 totaling approximately 25,000 square feet and a full floor of 25,000 square feet in lab-ready shell condition at 12441 Parklawn Drive. JLL’s Danny Sheridan and Amanda Davis are immediately working on preleasing of the next phase.

“We are excited to welcome these four vibrant companies to TwinLabs. Their commitments validate our focus on growing clinical stage companies relocating from within Montgomery County or starting up operations in Maryland for the first time,” stated Scott Nudelman, Managing Principal, GlenLine Investments. “Looking forward, we are anticipating similar success with like-minded companies for our second phase.”

For more information about Montgomery County’s growing life sciences market, visit https://www.us.jll.com/en/locations/mid-atlantic


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.