1306 Concourse Drive
Grander Capital Partners
Boston Andes Capital
1306 Concourse Drive is the largest of the three Class A Buildings in the Concourse Drive Campus in Linthicum Heights, Maryland. The 115,557-square-foot, Class A office building is currently leased to numerous quality tenants, including IBM, Mueller Associates, Quest Government Services and Mutual of America. The three-building campus totals approximately 296,500 square feet situated on over 26 acres.
The location offers excellent access to Route 95, the Baltimore-Washington Parkway, BWI Airport, and the Amtrak Train Station. It is also less than 10 miles from Fort Meade, the third largest Army installation in the country, and Maryland’s largest employer. This location at a transportation nexus will provide a distinct competitive advantage for future leasing.
The underperforming asset was acquired well below replacement cost, offering an opportunity to reposition the property to drive net operating income through improved leasing and management.