Franklin Templeton Agrees to Lease at Armada Hoffler’s Wills Wharf in Harbor Point
07 Juli 2022 - 12:00PM
Armada Hoffler (NYSE: AHH) announced that it has executed a new
office lease with Franklin Templeton for 60,000 square feet at the
Company’s Wills Wharf office building in Baltimore’s Harbor Point
neighborhood. The investment management firm has agreed to lease
the entire fifth floor and a portion of the fourth floor of Wills
Wharf and will bring the building to 91% occupancy.
Franklin Templeton will join a dynamic roster of corporate
office tenants at Harbor Point, including T. Rowe Price, Exelon
Constellation, Transamerica, Morgan Stanley, EY, and RBC
Wealth.
“We are thrilled to welcome Franklin Templeton to Wills Wharf
and bring another global company to Harbor Point,” said Lou Haddad,
President and CEO of Armada Hoffler. “This is further proof that
tenant demand for office space remains strong for trophy quality
buildings located in dynamic, mixed-use environments. The Franklin
Templeton lease further cements Harbor Point as the go-to mixed-use
destination in the market.”
Positioned at the gateway to Baltimore’s Inner Harbor, Wills
Wharf is a LEED Silver mixed-use building offering 325,000 square
feet of Class A office and premier hotel space. With unparalleled
waterfront views, Wills Wharf is located within walking distance to
all amenities and open spaces that Harbor Point has to offer.
Longtime partners, Armada Hoffler and Beatty Development Group,
have established Harbor Point as Baltimore’s largest downtown
waterfront development site with capacity for up to 3 million
square feet of mixed-use space on 27 acres.
“I’m excited to be among the first to welcome Franklin Templeton
to Harbor Point,” said Michael Beatty, President of Beatty
Development Group. “Wills Wharf is truly one-of-kind, pairing
modern office space with Harbor Point’s growing amenity base, easy
walkability, and instant access to green space and the waterfront.
It all adds up to a special environment that Franklin Templeton
employees will enjoy being a part of each and every day.”
To learn more about Wills Wharf
visit http://www.willswharfbaltimore.com/.
In addition to Wills Wharf, Armada Hoffler’s Harbor Point assets
include both the Exelon and Thames Street Wharf office building as
well as 1405 Point and 1305 Dock Street apartments and retail. The
Company is also in partnership with Beatty Development Group to
build T. Rowe Price’s new global headquarters at Harbor Point.
Construction of the building commenced in March 2022.
About Armada Hoffler Armada
Hoffler (NYSE: AHH) is a vertically-integrated, self-managed real
estate investment trust with four decades of experience developing,
building, acquiring and managing high-quality office, retail and
multifamily properties located primarily in the Mid-Atlantic and
Southeastern United States. We also provide general construction
and development services to third-party clients, in addition to
developing and building properties to be placed in our stabilized
portfolio. Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has
elected to be taxed as a REIT for U.S. federal income tax purposes.
For more information visit ArmadaHoffler.com.
Contact:Chelsea ForrestArmada HofflerDirector
of Corporate Communications and Investor RelationsEmail:
CForrest@ArmadaHoffler.comPhone: (757) 612-4248
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