Signings Bring $250M-Project Near 100% Occupancy

[IMGCAP(1)]ANNAPOLIS, MD-Six office tenants have inked leases at Park Place, a $250-million mixed-use project in downtown Annapolis. The six have taken, in total, 50,000 sf in the building, which now has only 19,000 sf remaining for lease.

The six, which are expected to occupy the building in June, are: ViaGlobal, which took 6,007 sf; Bignell Watkins Hasser, which is occupying 15,051 sf; Wrightwood Capital will be in 2,200 sf; Norden Tankers and Bulkers took 3,784 sf; Wood MacKenzie, 8,732 sf, and Towne Park inked a lease for 12,207 sf. Merrill Lynch expanded into 3,351 sf. Existing office tenants include SensorCom, Building Owners & Managers Institute, Merrill Lynch and Pharmathene.

[IMGCAP(2)]Jeff Bach and Joe Ruzecki of CB Richard Ellis are handling the office leasing. Asking rates for the building are $30 per sf to $35 per sf, full service, Bach tells GlobeSt.com.