PHH headquarters wins top honors in area building awards

Commercial real estate

December 04, 1991|By Kevin Thomas | Kevin Thomas,Evening Sun Staff

PHH Corporate Headquarters in Hunt Valley, the First Maryland Building in Baltimore and Heaver Plaza in Lutherville have been named the 1991 Buildings of the Year by the Building Owners and Managers Association of Baltimore.

The awards, which have been held since 1976, honor the buildings' managers and owners for overall management and operations in three categories.

The PHH building pulled top honors in the "corporate/single tenant" category. Robert Diana, chairman of the building of the year committee, said PHH was chosen because those running it "kept up the quality of its management even during tough times."

The 16-year-old building in the 11000 block of McCormick Road stands eight stories and includes approximately 148,000 square feet of office space. It is owned and occupied by PHH.

The First Maryland Building won in the downtown competitive buildings category. Owned by First Associates Limited Partnership and run by Hallwood Management Co., the First Maryland Building is nearly 20 years old, has 22 stories and includes 550,000 square feet of office space.

The building, at 25 S. Charles St., is 87 percent leased. Diana said First Maryland, which also won a building-of-the-year award in 1986, had "exceptional physical maintenance and operations, with an attention to detail."

In the suburban competitive building category, the 9-story Heaver Plaza on York Road was a winner. Owned and operated by Heaver Management, 125,000-square-foot structure is 97 percent leased and 21 years old. The building was honored with its first building-of-the-year award in 1982.

The oldest of the properties honored, Heaver Plaza was "in excellent shape considering its age," Diana said.

Buildings considered for the BOMA awards are judged on their adherence to fire safety standards, level of handicapped accessibility, roofing conditions, heating and air conditioning standards, elevator maintenance and janitorial service.

***The following leasing transactions were announced by Hicks & Rotner Associates Inc.:

* Animal Authority Ltd., a local pet shop, has leased 6,000 square feet in the Route 40 West Shopping Center located at U.S. 40 and Rolling Road in Catonsville. Hicks & Rotner represented the tenant, and Metropolitan Management Co. represented the landlord, 809 Associates Limited Partnership.

* E.T. Karate has leased 2,625 square feet in Overlea Plaza on Belair Road in Baltimore. Hicks & Rotner represented the tenant and the landlord, Bel-Ken Associates Ltd. Partnership.

* Why Not Travel, a local travel agency, has leased 920 square feet in Rock Creek Village on Ft. Smallwood Road in Pasadena. Hicks & Rotner represented the tenant and the landlord, Rock Creek Shopping Center Ltd. Partnership.

* Wingers Inc., a local carry-out specializing in chicken wings, has leased a 1,275 square feet in Overlea Plaza on Belair Road in Baltimore. Hicks and Rotner represented the landlord and tenant.

***The following leasing transactions were announced by Casey & Associates Commercial and Industrial Realtors:

* Calvert Trash, a refuse recycling company based in Owings, has leased 19,200 square feet of warehouse space at 1731 Midway Drive in Odenton. Casey & Associates represented the tenant and the landlord, Regent Enterprise.

* Pet Inc., a food brokerage firm, has leased 430 square feet of office space at 8775 Cloudleap Court in Columbia. Casey & Associates represented the tenant, and Columbia Management represented the landlord, the Rouse Co.

* Burch, Rhods & Loomis, P.A., a physical therapy firm, has leased 3,618 square feet at 203 Hospital Drive in Glen Burnie. Casey & Associates represented the owner, Arundel Radiology Limited, and P.F. Obrecht Realty Co. Inc. represented the tenant, Burch, Rhods & Loomis, P.A.

* Manpower, a temporary personnel service agency, recently renewed its lease for 1,208 square feet at Empire Towers at 7310 Ritchie Highway in Glen Burnie. Casey & Associates represented the tenant, and the Empire Corp. represented the themselves as the landlord.

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