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Real estate firm announces $10 million bonus for all employees

Posted: 12:47 PM, Dec 10, 2019
Updated: 2019-12-10 14:47:14-05
Real estate firm announces $10 million bonus for all employees

BALTIMORE — Christmas came early for employees at a real estate firm on Monday.

St. John Properties announced that a $10 million bonus would be paid to all 198 employees in celebration of achieving their goal of developing 20 million square feet of office, flex/R&D, retail and warehouse space in eight states.

"To celebrate the achievement of our goal, we wanted to reward our employees in a big way that would make a significant impact on their lives,” said Edward St. John, company founder and chairman. “I am thankful for every one of our employees for their hard work and dedication. I couldn’t think of a better way to show it.”

This bonus will be paid out in addition to the company’s annual year-end bonus, as well as other benefits.

Take a look below to see the big surprise unveiled:

This story was originally published by Kelly Broderick on WMAR.