Thames Road Wharf. Picture courtesy of Armada Hoffler
Morgan Stanley has prolonged, in addition to expanded, its lease within the Thames Road Wharf workplace constructing in Baltimore. Armada Hoffler owns the Harbor Level neighborhood property.
On prime of its authentic 196,000-square-foot lease, Morgan Stanley has dedicated to an extra 46,000 sq. toes. The corporate will now occupy 242,000 sq. toes at Thames Road Wharf till 2035.
The Thames Road Wharf constructing in Harbor Level is one hundred pc occupied. Present workplace tenants embrace RBC Wealth, EY, T. Rowe Worth, Constellation Power Group and Transamerica. Franklin Templeton additionally not too long ago signed a lease for 60,000 sq. toes within the constructing.
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In-built 2010, the eight-story constructing has been owned by Armada Hoffler since 2019, when the corporate acquired the asset for $101 million. The Thames Road Wharf is LEED Gold Licensed and options 2,000 sq. toes of retail house, in line with CommercialEdge knowledge.
Situated at 1300 Thames St., the asset has waterfront views and offers tenants with leisure, retail and eating areas inside strolling distance. Some 1,000 luxurious flats are within the Harbor Level group, all of which is surrounded by a 5-acre waterfront park.
Morgan Stanley additionally signed a 28,000-square-foot lease this yr in San Antonio, Texas. Headquartered in New York Metropolis, the corporate has 20 places nationwide.
