MAG Companions, along with MacFarlane Companions, has tapped Cushman & Wakefield as unique leasing agent for the workplace house at Baltimore Peninsula, a 235-acre redevelopment challenge in Baltimore. The mixed-use challenge’s investor staff additionally consists of Sagamore Ventures and Goldman Sachs’ City Funding Group.
The information comes as the event’s first part, consisting of 1.1 million sq. toes of workplace, retail and residential house, is nearing completion. Upon full buildout, the waterfront challenge will create as much as 14 million sq. toes of house, together with 40 acres of inexperienced house.
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Cushman & Wakefield’s Courtenay Jenkins, Wealthy Thomas, Matt Melnick and Linn Worthington can be advertising and marketing the workplaces at Baltimore Peninsula. The corporate can be in command of the 440,000 sq. toes of workplace house, situated inside two FITWEL-certified property, particularly 2455 Home St. and Rye Road Market.
The staff changed the prior brokers from JLL, in an effort to spice up workplace leasing on the challenge, in accordance with the Baltimore Enterprise Journal. The identical supply reveals that the brand new brokers may also goal out-of-state tenants, prepared to broaden to Baltimore.
The primary two workplace leasing agreements secured by JLL are CFG Financial institution’s 97,000 -square-foot long-term deal and inside design agency H. Chambers Co.’s 9,000-square-foot lease. Signed in January, CFG Financial institution can be relocating its headquarters to 2455 Home St., occupying three full flooring, whereas the second tenant signed its lease final September, at Rye Road Market.
Places of work at Baltimore Peninsula
2455 Home St. is a seven-story constructing that features 212,000 sq. toes of workplace house and 9,500 sq. toes of retail house. The asset options 33,000-square-foot flooring plates, a health heart with locker rooms, bike storage amenities, a rooftop terrace with occasion and assembly rooms, a convention heart, a common-area bar and a number of outside areas.
Rye Road Market is a campus composed of three six-story buildings, located throughout the central sq. of Baltimore Peninsula, that features 228,000 sq. toes of workplace house, 45,000 sq. toes of retail house, with built-out suites, outside terraces, convention rooms, rooftop terraces, a health heart and bike storage amenities.
