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Baltimore Commercial Real Estate

BIG ASSIGNMENT

Kudos to Cushman & Wakefield's Whitney Nye, Courtenay Jenkins, and Tim Jackson for getting the nod to lease Franklin Street Properties' 120 E. Baltimore St yesterday. Tim tells us several large CBD transactions in the works will tighten the availability of large blocks of space on Pratt Street this year, positioning the 326k SF property to make a run at large requirements (it's got 138k SF available), like Miles & Stockbridge?s 110k SF.
The building is also adjacent to the planned redevelopment of the area surrounding the Charles Center metro stop, being funded by surcharges to downtown property owners. C&W looks to the project?s completion to coincide with its leasing efforts; we can't wait to check out one of those new art galleries.

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