Advertisement
HomeCollectionsOffice Space
IN THE NEWS

Office Space

NEWS
By Adam Sachs and Adam Sachs,Staff Writer | April 28, 1993
The Columbia Association (CA) is searching for a nonprofit group that serves a citywide constituency for a deal that will be hard to refuse -- free office space in downtown Columbia.About 130 square feet of office space and a secretarial alcove are available in the Columbia Association Building on Wincopin Circle in a wing where several other nonprofit groups serving Columbia share information and resources.The nonprofit association that operates Columbia's recreational facilities and runs community service programs is offering the space as an in-kind donation.
Advertisement
NEWS
By John W. Frece Annapolis Bureau of The Sun | September 12, 1990
ANNAPOLIS -- The Schaefer administration is considering borrowing $62 million to buy four Baltimore office buildings currently rented by state agencies, and another $16.5 million to build District Court facilities in Pikesville and Towson, according to a new report on state debt released this week.The spending would be in addition to possible construction of a 10-to 15-story, 270,000-square-foot office building adjacent to the state office complex at 301 W. Preston St. and purchase of the nearby NCR building at a combined estimated cost of $90.9 million.
NEWS
By Shirley Leung and Shirley Leung,Sun Staff Writer | January 20, 1995
A surge of confidence in the business world brought hundreds of jobs to Anne Arundel County last year and helped drive down office vacancy rates, according to an economic development report to be released today.The Anne Arundel Economic Development Corp. report shows that 101 companies expanded or moved to the county and filled 2.1 million square feet of commercial space.Job growth more than doubled, to 3,225 jobs added compared with 1993's increase of 1,450."A lot of the larger companies postponed moving," said Michael S. Lofton, executive vice president of the economic development corporation.
BUSINESS
By Edward Gunts | October 14, 1991
The vacancy rate for office space in downtown Baltimore is at an all-time high -- and it's expected to rise even more before it falls.New Class A space had a vacancy rate of 16 percent and older Class B space had a vacancy rate of 21 percent for a combined rate of 18.4 percent as of Sept. 30, according to CB Commercial.The rate is expected to increase because two high-rise office buildings are nearing completion downtown that will add nearly another 850,000 square feet to the market, and most of it has not been leased.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,Sun Staff Writer | December 7, 1994
The amount of vacant office space in the Baltimore metropolitan area fell to its lowest level in six years in 1994, the latest indication of the local commercial real estate market's gradual recovery.Colliers Pinkard's market study also states that the lack of new office construction and continued absorption -- space removed from the total inventory through leasing activity -- will continue to reduce vacancy levels, which now stand at 15.1 percent, in 1995.The vacancy figure, which represents an 11 percent drop from a year ago, dovetails with Pinkard's statistic that a record 30.8 million square feet of commercial space is occupied in the region.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | May 29, 1992
Baltimore Mayor Kurt L. Schmoke plans to appoint a task force to study converting Class B office buildings to residential use, hoping to spur downtown living while using some of the city's empty office space in the face of weak prospects for an economic recovery."
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | October 30, 1999
Baltimore developer Struever Bros., Eccles & Rouse Inc. intends to purchase the former Kirk-Stieff silver-making plant in Baltimore and renovate it into office space, primarily for high-technology companies, local economic development officials said yesterday.The 80,000-square-foot building is the former home of Kirk-Stieff.Kirk-Stieff was the product of a 1979 merger of Samuel Kirk & Sons, founded in 1815, and the Stieff Co., started in 1892 by Charles C. Stieff. Both were Baltimore companies.
NEWS
By Dan Thanh Dang and Dan Thanh Dang,SUN STAFF | July 31, 1997
Three Annapolis mayoral candidates apparently have violated city election laws by understating or failing to list on campaign finance reports office space donated to them.Democratic candidate Dennis Callahan claimed that a Main Street storefront donated to him is worth $300 a month. But the owner of the premium office space says it would go for at least $1,500 a month on the open market.And Republicans Dean L. Johnson and M. Theresa DeGraff failed to list their donated offices. Johnson, an alderman from Ward 2, has an office on West Street, and DeGraff, an alderman from Ward 7, is on Third Street in Eastport.
NEWS
By Timothy J. Mullaney | October 8, 1991
A new study says lenders now control nearly 10 percent of metropolitan Baltimore's office space, reflecting the severe recession in the development industry and a market that is "overbuilt."The study released yesterday by W. C. Pinkard & Co. said that lenders have taken control of 49 buildings since January 1990, including the city's biggest office tower and 27 percent of the office space in Howard County."This is a recent phenomenon, probably over the last 18 months," said Jeffrey B. Samet, the Pinkard vice president who wrote the study.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | January 16, 1993
Maryland is expected to announce within weeks a decision to buy up to 300,000 square feet of office space in downtown Baltimore, a move that is looking like manna from heaven to tenant-starved owners of big, largely empty office buildings."
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.