#United States #Frederick #Frederick Maryland #Ruppert Properties #X-energy Reactor

Ruppert Properties and the X-energy Acquisition

In a significant development for the Frederick, Maryland area, Ruppert Properties has completed the sale of an industrial property located at 7201 McKinney Circle to X-energy Reactor Company, LLC. This transaction was announced on August 5, 2025, highlighting pivotal shifts in local industrial real estate.

The Property Details

The industrial building itself spans 90,000 square feet and sits on a total of 7 acres, strategically located along Route 85. This prime location provides direct access to major highways, I-270 and I-70, making it a highly desirable site for businesses looking to thrive in the bustling Frederick area. Previously, this property served as the operational base for Aspen Publishers, showcasing its historical significance in the local economy.

Strategic Growth Focus

Ruppert Properties acquired the property in October 2023, with an immediate vision to reposition the asset effectively. By tailoring the space to fit the needs of burgeoning industries, Ruppert is ensuring that their portfolio caters to an evolving tenant base. The sale to X-energy, a frontrunner in advanced nuclear technology, reinforces Ruppert's strategy to align with innovative companies driving growth in sectors such as technology and energy.

Julie Ruppert, the President of Ruppert Properties, commented on the transaction, stating, "This transaction reflects our ability to meet the real estate needs of companies participating in the exciting growth happening in Frederick, particularly within the tech and energy sectors. It also demonstrates our disciplined investment approach."

X-energy's Future at the New Site

As part of their expansion plans, X-energy aims to use the newly acquired facility as a state-of-the-art non-nuclear test training center. This site will be instrumental in validating critical components of their Xe-100 advanced small modular reactor, ensuring they meet safety and reliability standards necessary for future production. In addition to testing, they plan to utilize a full-scale plant control room simulator to train Xe-100 operators and maintenance technicians, showcasing their commitment to employing advanced training methodologies.

Steve Miller, Executive Vice President at X-energy, expressed enthusiasm for their growth in Maryland. "This facility marks a critical step forward in our work to bring the next generation of nuclear technology to market, unlocking capabilities that accelerate our commercial readiness, and stimulate innovation in the region," Miller said. His statement underscores the synergies expected from X-energy’s local collaboration with various stakeholders.

Conclusion

The deal between Ruppert Properties and X-energy is not just a real estate transaction; it represents a strategic alliance between property management and cutting-edge technological advancement in the energy sector. As the Washington D.C. metro area continues to experience growth, properties like the one on McKinney Circle will play an essential role in accommodating innovative companies, signaling a bright future for Frederick's economic landscape. Ruppert Properties was represented in this transaction by JLL's Metro DC Industrial Team, with X-energy working with Avison Young, further proving the collaboration within the industry.

For more information on Ruppert Properties, visit their website at www.ruppertproperties.com.