Cushman & Wakefield Represents Landlord in Leasing Efforts
BALTIMORE – Cushman & Wakefield announced today that 36 South Charles Street in Baltimore will welcome two new tenants in the coming months.
Bolton Partners, Inc. and the Baltimore Business Journal have signed leases totaling 25,000 square feet at this Class A office tower. Matthew Seward and Brian Wyatt of Cushman & Wakefield represented the landlord, while Bolton Partners was represented by Courtenay Jenkins and Rich Thomas, also of Cushman & Wakefield. The Baltimore Business Journal was represented by Clare Berrang of JLL. Bolton Partners will occupy 18,397 square feet, and the Baltimore Business Journal will take 6,487 square feet.
“Bolton Partners has achieved consistent growth over the last three decades, and we are looking forward to continued expansion at 36 South Charles Street,” commented Christopher Bolton, Vice President of Corporate Development at Bolton Partners. “We remain committed to the City of Baltimore and are very pleased that we can continue our development in this great city.”
“The Baltimore Business Journal is excited to call 36 South Charles Street our new home,” said John Dinkel, President and Publisher of the Baltimore Business Journal. “The central location and the future of Charles Street were key factors in our decision. In addition, it gives us access to multiple amenities, meeting spaces and quick access to major transportation routes. We look forward to growing our business and continuing our efforts in providing breaking news and information to the Baltimore business community in our new space.”
The 25-story Class A office building was acquired by the Laurus Corporation in December 2013, and is located at one of the most recognizable intersections in Baltimore’s Central Business District. Laurus will be making significant improvements to the property including lobby and common area upgrades, fitness center renovations, elevator modernization, roof replacement and infrastructure improvements.
“Baltimore’s commercial sector has experienced substantial growth over the past few years, creating a dynamic downtown area perfectly suited for thriving enterprises like Bolton Partners and Baltimore Business Journal,” said Michael Cho, Asset Manager for California-based Laurus Corporation. “We are thrilled to welcome them as tenants to 36 South Charles and know that they will be pleased with the upcoming improvements to the building, creating a space that better serves the needs of their business and provides a best-in-class experience.”
“The resurgence of Downtown Baltimore into a live-work-play environment continues to make downtown an attractive location for businesses,” commented Matthew Seward, Managing Director with Cushman & Wakefield.