Baltimore, MD

Investment Partner
Grander Capital Partners

Project Type
Office

Acquisition Date
2017

 

 

Project Overview

Located in Baltimore’s Central Business District, this 326,822-square-foot Class A office building also includes six floors of covered parking. The property is only three blocks from Baltimore’s Inner Harbor, offering access to many amenities including hotels, retail, restaurants, and public transportation. Tenants include the State Retirement and Pension System of Maryland, Office of the State Attorney for Baltimore City, and SunTrust Bank.

The strategy was to acquire this well-performing asset in an irreplaceable location in a market that is considered one of the most stable office markets in the country and because the top industries that support the Baltimore market; healthcare, education, life sciences, and cybersecurity, are all predicted to boom in the next few years.