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BALTIMORE COUNTY-Leasing efforts for the first phase of the 37-acre Bare Hills Business Center–which will ultimately be a 200,000-sf park of single- and two-story brick flex buildings along the Falls Rd. corridor–have been proven successful with news that the approximately 50,000-sf structure has been fully leased. NAI KLNB has been charged with overseeing the leasing up of the property on behalf of developer and owner Continental Realty Corp. Terms of the tenants’ lease agreements are not being disclosed, but NAI KLNB’s Michael Mull tells GlobeSt.com that the asking price for space in the park is in the mid-teens.

“The extremely rapid leasing pace and the quality of the tenants bodes well for the balance of Bare Hill Business Center,” says NAI KLNB’s Bill Miller.

Continental Realty pre-leased 23,000 sf in the building where it will relocate its corporate headquarters, and sports training outfit Velocity Sports Performance has committed to 16,100 sf of space. Finally, Ripken Baseball, the administrative offices of baseball great Cal Ripken’s business endeavors, has signed on for 9,000 sf. of space. “Each company chose the business center based on its close proximity to points throughout Baltimore City and Baltimore County, as well as the excellent highway system,” Miller adds.

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