BALTIMORE – Towson City Center, a 12-story, 157,712-square-foot, Class “A” office building redevelopment is slated to deliver July 1, 2012. Located in the heart of Towson, the project has experienced strong activity, leaving only the fifth and sixth floor uncommitted. The floor plates are approximately 12,000 square feet with fantastic views of Towson, North Baltimore and the surrounding countryside.
“Cassidy Turley is pleased to be assisting Caves Valley Partners with the leasing of this redevelopment,” commented Doug Brinkley, Senior Managing Director and Principal at Cassidy Turley. “Towson City Center is strategically located at the crossroads of Towson. Current interest in the site is strong, due to the project’s highly visible location, efficient floor plate and views, and in-building parking.”
Towson University has leased four floors totaling nearly 58,000 square feet. In a move similar to both Johns Hopkins University and the University of Maryland, Towson University is relocating research, graduate and technical uses from its central campus to Towson City Center to allow better client accessibility. Towson University radio station WTMD will also be located in the building. The Towson City Center ownership worked closely with Towson University to select complementary uses.
The owners of Towson City Center, Caves Valley Partners, and Mile One will also lease four floors. A MileOne Service Center will be located nearby on York Road where tenants’ cars can be serviced.
Business Suites will lease a floor to provide executive suites for sole proprietorships or small companies in need of business services in a convenient setting. WMS Partners, a comprehensive multi-family office, investment advisory and financial planning firm, will also lease a floor.
Tenants have been lured to the building by the tremendous views, convenient in building parking and on site amenities.
Cunningham Kitchen, a new restaurant operated by Bagby Restaurant Group, will lease a portion of the lower level and a part of the first floor. The “farm-to-kitchen American steakhouse” restaurant will offer a casual lunch menu and a more expansive, upscale dinner menu. Bagby Restaurant Group currently owns and operates Harbor East’s Bagby Pizza Co., Ten Ten, and will soon open Fleet Street Kitchen.
The building will also include The Wellness Center, which will be operated by Towson University and made available to Towson City Center tenants.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.