{"id":1004155080,"date":"2016-10-11T07:04:37","date_gmt":"2016-10-11T15:04:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004155080"},"modified":"2020-04-08T03:03:38","modified_gmt":"2020-04-08T11:03:38","slug":"ngkf-to-handle-leasing-at-baltimores-414-light-st-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ngkf-to-handle-leasing-at-baltimores-414-light-st-tower\/","title":{"rendered":"NGKF to Handle Leasing at Baltimore\u2019s 414 Light St. Tower"},"content":{"rendered":"<p><em>By Bogdan Odagescu, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004155093\" style=\"width: 235px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004155093\" data-attachment-id=\"1004155093\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ngkf-to-handle-leasing-at-baltimores-414-light-st-tower\/414-light-st-baltimore-rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg\" data-orig-size=\"678,905\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"414 Light St., Baltimore, rendering\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;414 Light St., Baltimore, rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg?w=678\" class=\"wp-image-1004155093 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg\" alt=\"414 Light St., Baltimore, rendering\" width=\"225\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg 678w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/414-Light-St.-Baltimore-rendering-e1476191781670.jpg?resize=225,300 225w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><p id=\"caption-attachment-1004155093\" class=\"wp-caption-text\">414 Light St., Baltimore, rendering<\/p><\/div>\n<p><strong>Baltimore<\/strong>\u2014<a href=\"https:\/\/www.ngkf.com\/\" target=\"_blank\" rel=\"nofollow\">NGKF<\/a> has been appointed exclusive leasing agent for 414 Light St.\u2019s retail space. The iconic 44-story mixed-use tower overlooking <a href=\"https:\/\/www.commercialsearch.com\/news\/jll-tapped-as-exclusive-office-broker-for-baltimores-massive-harbor-point-development\/\" target=\"_blank\">Inner Harbor<\/a> is slated for completion by March 2018.<\/p>\n<p>Owned by <a href=\"https:\/\/www.questar.net\/\" target=\"_blank\" rel=\"nofollow\">Questar Properties<\/a>, the $160 million high-rise will bring 394 ultra-luxury multifamily units offering resort-style amenities and almost 21,000 square feet of retail space. The property will offer 12,300 square feet of ground-floor retail, with the possibility of an additional 8,000-square-foot mezzanine extension.<\/p>\n<p>The skyscraper overlooking Chesapeake Bay, located on the spot of the former McCormick and Co. factory, will sit just three blocks away from Baltimore\u2019s central business district, within walking distance from Oriole Park at Camden Yards, <a href=\"https:\/\/www.commercialsearch.com\/news\/baltimore-ravens-to-invest-35m-in-upgrades-to-the-mt-bank-stadium\/\" target=\"_blank\">M&amp;T Bank Stadium<\/a>, the Convention Center and many <a href=\"https:\/\/www.multihousingnews.com\/post\/developers-plan-700-new-apartments-in-baltimores-inner-harbor-2\/\" target=\"_blank\" rel=\"nofollow\">Inner Harbor<\/a> amenities. Questar\u2019s tower will also feature a 469-spot multi-level parking garage.<\/p>\n<p>Questar <a href=\"https:\/\/thedailyrecord.com\/2011\/01\/11\/former-mccormick-and-co-site-auctioned\/\" target=\"_blank\" rel=\"nofollow\">acquired the site<\/a> in 2011 for $11.5 million, got the Planning Commission\u2019s green light late-2014, and broke ground on the high-rise this spring. Prior to the mixed-use project, the property served as a surface parking lot.<\/p>\n<p>According to <a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"nofollow\">Yardi Matrix<\/a> data, 414 Light St. \u00a0is subject to a $109 million construction loan funded by Citizens Bank in February 2016.<\/p>\n<p><em>Rendering courtesy of <a href=\"https:\/\/www.scb.com\/\" target=\"_blank\" rel=\"nofollow\">SCB<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Questar\u2019s 44-story mixed-use tower overlooking Inner Harbor is slated for completion by March 2018. <\/p>\n","protected":false},"author":740,"featured_media":1004155093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21784,11,21752,21742,21749],"tags":[],"class_list":["post-1004155080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-brokerage","category-midatlantic","category-mixed-use","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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