NEW HQ FOR PNC

Yesterday, PNC Financial Services announced its Greater Maryland HQ is moving from Two Hopkins Place to 119k SF at One East Pratt Street. Move-in is next July, and the deal includes a 7,000 SF PNC Bank branch on the first floor.
Empty street. Dark windows. Looks like they're already keepings banker's hours. CBRE's Kevin Wille repped the landlord (a JV between Griffith Properties and Fremont Realty Capital purchased the building in 2006), with PNC repped by C&W's Courtenay Jenkins and Whitney Nye and GVA/Williams' John Hennessey. The new location offers more efficient space as well as better retail options for PNC employees (now they'll be able to grab a steak from Sullivan's without leaving the building). PNC regional president Louis Cestello said in a statement Baltimore's a ?major growth market? for the firm and the deal's a reflection of the bank's long-term commitment to the city.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

CoStar To Acquire Aerial Imagery Company For $730M