include 3,000 square feet of private event space as well as 102 climate-controlled hitting bays. Montgomery County has committed to a Sector Plan for Germantown that promotes mixed-use diverse communities and an attractive public realm. Its goals are coming to fruition as developers continue to commit to the future of this promising area. Matan Companies received approval last year to facilitate the transition of the Milestone Center office park into a mixed-use community by developing three seven-story buildings with 485 new residential units and 28,250 square feet of retail. Lerner Enterprises has announced phase one construction of a mixed-use community in Northern Germantown named Black Hills, which will offer 3 million square feet of upscale office, residential, and retail development. Construction is slated to begin in 2017 and is expected to offer appealing outdoor spaces as well as a bridge over I-270. Major employers include The United States Department of Energy, Hughes Network System LLC, Qiagen North American, and Earth Network Systems, Inc.
The featured properties in this month’s rent comparable survey represent six communities in Germantown, Maryland built between 1985 and 2015. Unit sizes in this comp set range from 690 square feet for one-bedroom units to 1,466 square feet for three-bedroom units. Most older vintage communities in the area have received renovations offering granite countertops, stainless steel appliances, and hardwood flooring or wood-look vinyl. In-unit washer/dryers are standard and community amenities include fitness centers, clubhouses, and pools. Application fees are anywhere from $25 to $50 and pets are allowed in all communities although, many require substantial pet deposits and monthly pet fees. Select utilities (gas, water, sewer, trash, etc.) are often included in the rent.