Real estate investment management company to relocate to iconic tower in Baltimore’s Central Business District
Columbia, MD (February 2, 2023) — Corporate Office Properties Trust (NYSE: OFC) (COPT), today announced that ABR Capital Partners—formerly known as Alex Brown Realty—has signed a lease for 11,600 square feet at 100 Light Street in Baltimore, MD.
The real estate investment management company signed a 10-year lease on the 24th floor of the building. ABR Capital Partners will relocate to the building in August 2023 after spending nearly two decades at 300 East Lombard Street in Baltimore City.
Located in Baltimore’s Central Business District, 100 Light Street offers a prime location, the highest harbor views, sky-high amenities, and newly renovated spaces—inside and out. A multi-million-dollar, five-year capital improvement plan, featuring enhanced security, elevator modernization, HVAC upgrades, and reimagined amenity spaces are among the benefits ABR Capital Partners will experience upon their move to the city’s most iconic tower.
“ABR has been based in Baltimore since its inception fifty years ago,” noted Tom Burton, ABR Senior Managing Partner and Chief Investment Officer, “It is important to us to operate close to our roots in the country’s oldest investment bank, Alex. Brown & Sons.” ABR Senior Managing Partner Ed Nordberg added, “We are excited for our move to 100 Light Street and to partner with COPT. We believe the upgraded space and its amenities will benefit our employees, our clients, and our partners.”
John Hermann, Vice President of Asset Management and Leasing at COPT added, “We are thrilled to welcome ABR Capital Partners to 100 Light Street. As a Baltimore-based organization, they understand the benefits of remaining in Baltimore’s Central Business District. We’re proud of the investments we’ve made in this property and feel confident that ABR will thoroughly enjoy the unique opportunities and amenities that this iconic building has to offer.”