Share This Listing

Message

914 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Lakeforest Redevelopment - Office & R&D Gaithersburg, MD 20877 200,000 - 800,000 SF of Office/Medical Space Available

Office Spaces Maryland Gaithersburg Lakeforest Redevelopment - Office & R&D

Save this listing!

Favorite this listing to get notified of price updates, new media and more

PARK HIGHLIGHTS

  • Proximate to hundreds of private and publicly traded life science and technology companies
  • Highly-educated workforce

PARK FACTS

Total Space Available 800,000 SF Features Air Conditioning
Park Type Office Park
Total Space Available 800,000 SF
Park Type Office Park
Features Air Conditioning

ALL AVAILABLE SPACES(4)

Display Rental Rate as

Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-1
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 200,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • Spec Suite
  • December 31, 2026
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

This is a proposed office space with a bio/tech lab.

  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • Fits 500 - 1600 People
  • Bio/tech lab.
Space Size Term Rental Rate Space Use Condition Available
1st Floor 200,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical Spec Suite December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-1
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.

701 Russell Ave - 1st Floor

Size
200,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Condition
Spec Suite
Available
December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-2
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 200,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • Spec Suite
  • December 31, 2026
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab.
Space Size Term Rental Rate Space Use Condition Available
1st Floor 200,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical Spec Suite December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-2
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.

701 Russell Ave - 1st Floor

Size
200,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Condition
Spec Suite
Available
December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-3
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 200,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • Spec Suite
  • December 31, 2026
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab space.
Space Size Term Rental Rate Space Use Condition Available
1st Floor 200,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical Spec Suite December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-3
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.

701 Russell Ave - 1st Floor

Size
200,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Condition
Spec Suite
Available
December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-4
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Lot Size
12.30 AC
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 200,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • Spec Suite
  • December 31, 2026
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab.
Space Size Term Rental Rate Space Use Condition Available
1st Floor 200,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical Spec Suite December 31, 2026
Lakeforest Redevelopment - Office & R&D
701 Russell Ave - Block D-4
200,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type/Class
Flex/A
Building Size
200,000 SF
Lot Size
12.30 AC
Year Built
2026
Zoning
MXD - Mixed Use District (MXD) zoning in Maryland is a zoning designation that allows for a mix of residential and commercial uses in a single area.

701 Russell Ave - 1st Floor

Size
200,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Condition
Spec Suite
Available
December 31, 2026
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

701 Russell Ave - 1st Floor

701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo
Size 200,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Condition Spec Suite
Available December 31, 2026

This is a proposed office space with a bio/tech lab.

  • Open Floor Plan Layout
  • Fits 500 - 1600 People
  • Space is in Excellent Condition
  • Bio/tech lab.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

701 Russell Ave - 1st Floor

701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo
Size 200,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Condition Spec Suite
Available December 31, 2026

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

701 Russell Ave - 1st Floor

701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo
Size 200,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Condition Spec Suite
Available December 31, 2026

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab space.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo

701 Russell Ave - 1st Floor

701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 1
Building Photo
Size 200,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Condition Spec Suite
Available December 31, 2026

This is a proposed office space with a bio/tech lab.

  • Fits 500 - 1600 People
  • Bio/tech lab.

PARK OVERVIEW

Situated on approximately 100 acres, WRS Inc. Real Estate Investments is planning to completely redevelop the existing Lakeforest Mall property into multi-use employment, retail, residential and entertainment destination. Research Row at Lakeforest is redefining the Gaithersburg community as a space for innovators, entrepreneurs, scientists, etc. Bounded by 4 major roadways, just off Interstate 270, Research Row is right in the heart of Suburban Maryland’s growing life science cluster while also offering a hotbed of activity for any technology or research user. Be part of a transformative initiative to reinvent Lakeforest.

  • Air Conditioning

ATTACHMENTS

Research Row_Brochure_v13
1 1
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(240) 506-5609

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 27972557

  • Date on Market: 2/14/2023

  • Last Updated:

  • Address: 701 Russell Ave, Gaithersburg, MD 20877

The Office/Medical Property at 701 Russell Ave, Gaithersburg, MD 20877 is currently available for Lease. Contact Cushman & Wakefield for more information.

PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
701 Russell Ave, Gaithersburg, MD for lease Building Photo- Image 1 of 2
Building Photo
1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Lakeforest Redevelopment - Office & R&D | Gaithersburg, MD 20877
(240) 506-5609 x

Lakeforest Redevelopment - Office & R&D | Gaithersburg, MD 20877

Megan Williams
(240) 506-5609

Peter Rosan
(443) 480-1843

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

How much space do you need? (optional)

Select Size

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.