The six, which are expected to occupy the building in June, are:ViaGlobal, which took 6,007 sf; Bignell Watkins Hasser, which isoccupying 15,051 sf; Wrightwood Capital will be in 2,200 sf; NordenTankers and Bulkers took 3,784 sf; Wood MacKenzie, 8,732 sf, andTowne Park inked a lease for 12,207 sf. Merrill Lynch expanded into3,351 sf. Existing office tenants include SensorCom, BuildingOwners & Managers Institute, Merrill Lynch and Pharmathene.
[IMGCAP(2)]Jeff Bach and Joe Ruzecki of CB Richard Ellis arehandling the office leasing. Asking rates for the building are $30per sf to $35 per sf, full service, Bach tells GlobeSt.com.
Park Place is being developed by Jerome J. Parks Cos., anAnnapolis-based developer of urban and waterfront properties. Theproject will also deliver a second, 110,000-sf office building. Alltogether, the project includes 245,000 sf of office, 65,000 sf ofretail and 216 luxury residential. Phase 11, which includes thesecond office building, will be completed in August, Bach says.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
