BALTIMORE, November 10, 2017 – Cushman & Wakefield announced today that it was awarded the title of Exclusive Listing Agency for One Light Street by developer Madison Marquette.
Madison Marquette assigned the Cushman & Wakefield team of Managing Director L. Bruce Matthai, Director Bronwyn LeGette and Director Matt Melnick the listing with 81,000-square-feet (sf) of Class-A office remaining at One Light Street after M&T Bank signed a lease for 155,000 (sf) to house its new Mid-Atlantic Headquarters.
The building is currently under construction for 2018 delivery with nine floors of modern, virtually column-free office space designed to achieve the LEED Silver designation for New Construction. Sheathed in a dramatic glass curtain wall at the premier downtown intersection of Light Street and Baltimore Street, the 28-story, mixed-use tower will boast 280 luxury residential apartments, ground-level retail and nine levels of on-site parking in addition to its 234,800-square-feet of Class-A office space.
“One Light Street is the first major ground-up, mixed-use tower with a full array of residential, office, retail and parking in this dynamic core Baltimore neighborhood,” said Peter Cole, Managing Director, Head of Development, East Coast for Madison Marquette. “The combined uses at One Light Street showcase Baltimore’s revolutionary new live-work-play renaissance.”
David Gillece, Market Leader at Cushman & Wakefield expressed enthusiasm when speaking of the project.
“We are thrilled to assist Madison Marquette with the office leasing of this transformational, mixed-use development,” added Gillece. “One Light is strategically located in the ‘heart of Baltimore’ where the recent influx of multi-family conversions, retail and adaptive re-use investment has transformed a CBD rich with authenticity, architectural history and an unrivaled user experience. One Light Street is truly positioned in a walker’s paradise. The building’s hyper-efficient floor plates, structured parking and amenity-rich location will be extremely attractive to business leaders seeking to attract and engage the best and brightest.”
Project highlights can be found at www.1LightStBalt.com.
About Madison Marquette
Since 1992, Madison Marquette has been recognized for energizing and transforming properties into vibrant, compelling and successful real estate assets. The Company practices a forward-thinking approach to development – incorporating consumer, tenant, design and experiential trends into each asset. Through detailed planning and disciplined project execution, Madison strives to create environments that attract quality tenants and that become integral to the communities in which assets are located. Madison Marquette has developed other mixed-use projects across the country, including the 3.5 million square foot District Wharf redevelopment in Washington, D.C.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.