By Adrian Maties, Associate Editor
Offit Kurman, one of the fastest-growing law firms in the Mid-Atlantic, is closing its Owings Mills offices and moving its Baltimore-area team of attorneys into a single location in downtown Charm City.
Offit Kurman’s new home will occupy the entire 20th floor of the Class A office tower located at 300 East Lombard St. The location offers 16,650 square feet of renovated space and will house 28 attorney offices, eight paralegal offices, 12 administrative stations, and five conference rooms. Twenty-two of the company’s attorneys will work there.
This is Offit Kurman’s second expansion in the Baltimore area. The law firm posted a video of its new home on its Youtube account.
The office building changed owners at the start of the year, just a few months after hitting the market. PWA Real Estate LLC, a Pittsburgh private equity firm, purchased the property for $38.3 million, from Ireland-based CMC Investments. The rapid sale was a direct result of the former owner’s management strategy. CMC acquired the 237,000-square-foot office building in 2004 for $40 million, and invested an additional $2 million to renovate the asset. In 2014, the company signed leases with new and old tenants for about 100,000 square feet of space, bringing the tower’s occupancy to 91 percent.
Photo & video credits: Offit Kurman