{"id":1004092500,"date":"2014-03-10T07:50:59","date_gmt":"2014-03-10T15:50:59","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=245258"},"modified":"2020-04-22T23:47:09","modified_gmt":"2020-04-23T07:47:09","slug":"office-tower-in-baltimores-cbd-is-now-for-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/office-tower-in-baltimores-cbd-is-now-for-sale\/","title":{"rendered":"Office Tower In Baltimore\u2019s CBD Is Now For Sale"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><strong><br \/>\n<\/strong><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/forsale.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-245259\" title=\"forsale\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/forsale.jpg\" alt=\"\" width=\"292\" height=\"300\" \/><\/a>A Baltimore skyscraper located right in the heart of the city\u2019s Central Business District is looking for new owners. The 22-story building at 2 Hopkins Plaza is up for sale. Transwestern is marketing the Class B office tower together with the three-story pavilion building at 10 Hopkins Plaza.<\/p>\n<p style=\"text-align: justify;\">The properties are part of a two-building complex constructed in 1970, by British American Properties, Inc., a defunct UK company. It offers 404,088 square feet of space and was once home to important companies such as Mercantile Safe Deposit and Trust, IBM, Venable or PNC Bank. But in the last few years, it started to lose tenants.<\/p>\n<p style=\"text-align: justify;\">Venable, which occupied 123,374 square feet on eight floors at 2 Hopkins Plaza, left in April 2011. It was followed by PNC Bank, which occupied 202,052 square feet of space in the 378,798-square-foot tower, in September 2012. Although it has already moved to its new location at 1 E. Pratt Street, PNC Bank still holds a lease for space at 2 Hopkins Plaza. It will expire this December. Kaiser Foundation Health Plan occupies about half of the space in the pavilion building at 10 Hopkins Plaza.<\/p>\n<p style=\"text-align: justify;\">Transwestern said that more than $10 million in capital improvements have gone into the office tower over the past decade. Its elevators were modernized in 2012 and the building is also looking to obtain an ENERGY STAR certificate.<\/p>\n<p style=\"text-align: justify;\">Two Hopkins Plaza has one of the largest floor plates in the city. It also enjoys a great location, close to shops, businesses and public transportation, and sits on an underground parking garage with 317 spaces. According to Transwestern, it would be ideal for an apartment conversion.<strong><\/strong><\/p>\n<p style=\"text-align: justify;\">Offers for the two-building complex are due by April 1. Transwestern did not announce an asking price.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credits: <\/em><a href=\"https:\/\/www.transwestern.net\/\" target=\"_blank\" rel=\"nofollow\"><em>Transwestern<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Baltimore skyscraper located right in the heart of the city&rsquo;s Central Business District is looking for new owners. The 22-story building at 2 Hopkins Plaza is up for sale. Transwestern is marketing the Class B office tower together with the 3-story pavilion building at 10 Hopkins Plaza.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21742],"tags":[39414,1815],"class_list":["post-1004092500","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-latest","tag-baltimore","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Office Tower In Baltimore\u2019s CBD Is Now For Sale - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/office-tower-in-baltimores-cbd-is-now-for-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Office Tower In Baltimore\u2019s CBD Is Now For Sale\" \/>\n<meta property=\"og:description\" content=\"A Baltimore skyscraper located right in the heart of the city&rsquo;s Central Business District is looking for new owners. The 22-story building at 2 Hopkins Plaza is up for sale. Transwestern is marketing the Class B office tower together with the 3-story pavilion building at 10 Hopkins Plaza.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/office-tower-in-baltimores-cbd-is-now-for-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-10T15:50:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-23T07:47:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/03\/forsale.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Office Tower In Baltimore\u2019s CBD Is Now For Sale\",\"datePublished\":\"2014-03-10T15:50:59+00:00\",\"dateModified\":\"2020-04-23T07:47:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/\"},\"wordCount\":296,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/03\\\/forsale.jpg\",\"keywords\":[\"Baltimore\",\"National\"],\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-tower-in-baltimores-cbd-is-now-for-sale\\\/\",\"name\":\"Office Tower In Baltimore\u2019s CBD Is Now For Sale - 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