Please ensure Javascript is enabled for purposes of website accessibility

REAL ESTATE INSIDER

COOL SPACE

Properties to watch in Maryland

This 25-story tower in Baltimore is headed to the auction block

One North Charles Street (The Daily Record / Maximilian Franz)

One North Charles Street (The Daily Record / Maximilian Franz)

Address: 1 N. Charles St., Baltimore

Property type: Office

Built: 1963

Size: 291,137 square feet

Listing price: n/a

Contact: Jay Wellschlager, managing director of capital markets at JLL, 443-452-1516; jay.wellschlager@am.jll.com

A major Class A office property in downtown Baltimore is scheduled for auction next month.

The 25-story office tower at 1 N. Charles St. is scheduled for auction on March 29. The property is being marketed by JLL and will be auctioned through the online service Ten-X.

An online posting for the property at the website LoopNet touts the building’s access to highways, recent renovations, the 63 percent occupancy rate and its potential for added value with increased leasing.

“This iconic landmark building has one of the foremost locations within Baltimore City and is easily accessed by all of the region’s major thoroughfares,” according to the listing.

The owner of the building is TNHYIF REIV Tango LLC, a White Plains, New York, privately held company. No other information about the owners was available.

To suggest a property to be featured in Cool Space, Contact Adam Bednar at adam.bednar@thedailyrecord.com.


To purchase a reprint of this article, contact reprints@thedailyrecord.com.