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Supernus Pharmaceuticals Getting Brand New 119,000-SF HQ in Gaithersburg

Rock Creek Property Group to Develop Complex at 700 Quince Orchard Rd.
March 6, 2018
A specialty pharmaceutical company is getting a brand new headquarters complex in DNA Alley.

Supernus Pharmaceuticals (NASDAQ: SUPN), a drug developer currently headquartered at 1550 E. Gude Dr. in nearby Rockville, reached a deal with Rock Creek Property Group to fully occupy a 118,834-square-foot, three-story building Rock Creek will develop at 700 Quince Orchard Rd. in the North I-270 Technology Corridor.

According to the SEC filing, the lease term will commence once the initial buildout of the property is completed in July 2019. The term will run through April 30, 2033, at which point Supernus will have the option to extend the lease term for two additional five-year periods.

Supernus specializes in developing and commercializing drugs that combat diseases targeting the central nervous system. In its most recent earnings call, the company reported a revenue of $88.4 million for the quarter ending December 31, 2017, with shares currently trading around $41.
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