Cushman & Wakefield, a global leader in commercial real estate services, announced that it has represented the ownership in the sale of 229 W. Chase Street, a 6,750-square-foot office/retail building located in Baltimore. The building is 100% leased to Blick Art Materials. Conflux, 229 LLC purchased 229 W. Chase Street from Kristin Stueber and Kathryn Pappas in May 2016 for $614,100.
Kristin Stueber and Kathryn Pappas were represented by Robert Oare of Cushman & Wakefield.
“This interesting one-story building located in the Maryland Institute College of Art /Mt. Royal area of Baltimore was a former Maryland Transit Administration bus repair facility converted to a retail store,” said Mr. Oare. “There were several businesses interested in the property, but the purchaser is an investor who appreciates the long-term value of this property and its location within the artistic community.”
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