BALTIMORE (WJZ) — Employees at one of the largest commercial real estate firms in the Mid-Atlantic are getting a special surprise for Christmas this year.

St. John Properties will pay a surprise $10 million bonus to all 198 of its employees.

READ MORE: Just Before CNN Town Hall, Hogan Calls Out Biden On Infrastructure Legislation

St. John Properties said the surprise was to celebrate the company’s goal of developing 20 million square feet of office, flex/RD&D, retail and warehouse space in eight states, according to a press release.

READ MORE: Maryland Zoo Wants To Bring Visitors Closer To Rhinos And Otters With New Guided Tours

All 198 St. John Properties employees are being paid a bonus based on years of service, with the average employee receiving $50,000, the company said.

The bonus will be on top of the company’s annual year-end bonus and other benefits, they said in the press release.

MORE NEWS: Supply Chain Issues: 'There Really Are Problems Everywhere,' Even For Small Companies

“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 company founder and chairman Edward St. John. “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.”