May 23, 2018|Real Estate
Jean Paul Szita
Baltimore – Transwestern today announces it has been retained by Laurus Corp. to provide leasing and management services for 36 S. Charles St. in Baltimore’s Central Business District. Transwestern’s Tom Gentner, Brian Siegel and Joe Johnson will provide leasing services, and Jen Mock will lead property management services for the 318,684-square-foot building.
“36 S. Charles St. is an iconic, 25-story office building, located in one of the most recognizable intersections in Baltimore’s CBD. It offers a renovated lobby and elevator cabs, exterior plaza upgrades and superior amenity center with a tenant lounge, shared conference center featuring three conference rooms and a renovated fitness center, as well as two on-site delis – all within one block of the Inner Harbor,” said Gentner. “Furthermore, since many office tenants in the Baltimore CBD tend to be smaller, occupying around 5,000 to 10,000 square feet, this property offers the opportunity to occupy half or nearly all of a floor. This contrasts to surrounding buildings with typical 24,000-square-foot floor plates, where smaller tenants are often one of many on a floor.”
Transwestern is building several speculative suites that will be available for immediate occupancy once completed. The building is ideally located within walking distance to the area’s best restaurants including the popular power lunch destination The Center Club, as well as Kona Grill and Cilantro. The property also provides proximity to approximately 25 hotels including the Kimpton Hotel Monaco Baltimore Inner Harbor, Hotel Indigo Baltimore Downtown, Oriole Park at Camden Yards, The Baltimore Convention Center, and Baltimore National Aquarium.
ABOUT LAURUS CORP.
Laurus Corp. is a real estate investment and development company that specializes in hotels and resorts, office buildings, multifamily and mixed-use properties. With more than $1.2 billion in assets under management, Laurus employs an entrepreneurial investment strategy designed to consistently achieve attractive risk-adjusted returns by creating capital appreciation opportunities through repositioning, restructuring, re-development and intensive post acquisition asset management. The company was founded in 1999 by Andres and Jean Paul Szita, and is affiliated with Ethika Investments, LLC, a real estate private equity firm.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.
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