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BALTIMORE, MD-Addison, TX-headquartered The Staubach Co. has decided to open a new office here. To get the new locale up and running, the international real estate services firm has tapped industry veterans John C. Childs Jr. and Paul J. Danko–both formerly of Trammell Crow–to serve as vice presidents in charge of the Baltimore central business district operation.

“John and Paul’s expertise and proven track-record will be instrumental in the success and future growth of our Baltimore office,” says Staubach chairman and CEO Roger T. Staubach.

“This is a client-driven expansion to better service our corporate clients with not only their office, but their industrial needs,” Staubach Northeast president Gregory P. O’Brien adds. Activities in the Baltimore office will start with a focus on industrial properties, a market on which both Childs and Danko are thoroughly versed.

According to Delta Associates’ Year-End 2002 Washington/Baltimore Industrial Market Report, vacancy rates in the area are around 10.8%, but that number is expected decrease this year, with evidence of recovery occurring in 2004.

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