Area buildings lauded for good management

COMMERCIAL REALTY NOTES

December 04, 1991|By Edward Gunts

The First Maryland Building at 25 S. Charles St., Heaver Plaza in Lutherville and the PHH Corp. headquarters in Hunt Valley have been named the 1991 Buildings of the Year by the Building Owners and Managers Association of Baltimore.

BOMA judges also selected The Brokerage at the Inner Harbor complex to receive a special award for its management by W. C. Pinkard & Co.

These and other local buildings will receive Awards of Excellence during the 14th annual BOMA award ceremonies today starting at 6:30 p.m. at the Baltimore Museum of Art. More than 100 local office buildings were considered for awards, which recognize excellence in management and operations.

The 22-story First Maryland Building won in the "downtown-competitive" category. The Candler Building and 201 N. Charles Street were the other finalists.

The nine-story Heaver Plaza building won in the "suburban" category. Gateway International Center in Linthicum and One Owings Corporate Center were the other finalists.

The eight-story PHH headquarters won in the "corporate/single tenant" category. The other finalist was the CSX Building at 100 N. Charles St.

Also to be announced at the event today are award winners selected by the local chapter of the National Association of Industrial and Office Parks.

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Around the region:

* Total Construction Services completed construction of the $2 million, 40,000-square-foot Clark Do-It Center, a home improvement center at 10325 Baltimore National Pike in Ellicott City.

* Gilbane Building Co.'s Mid-Atlantic Regional Office will sponsor a luncheon at the Center Club today to present awards to seven area contractors who have provided superior job performance on Gilbane projects. The firms are: L. H. Cranston & Sons Inc.; N&N Contractors Inc. Demolition; Southeastern Floor Co. Inc.; NLP Enterprises Inc.; Outside Unlimited Inc. Landscaping; Caretti Inc. Masonry; and American Automatic Sprinkler Systems.

* Walker & Dunlop has arranged $27 million in construction and permanent financing for the seven-story, 205,000-square-foot Comsat Building planned for a site at 6550 Rock Spring Drive in Bethesda. Commonwealth Life Insurance Co. of Louisville, Ky., is providing the financing to the developers, a joint venture of Communication Satellite Corp. and the Camalier family of suburban Washington. The building will be the new headquarters for Comsat Corp., an international communications company, and two of its business units.

* Heirloom Jewels, formerly located at Padonia Square shopping center, has moved to the Village of Cross Keys.

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