Towson City Center Nearly Fully Leased
The 12-story tower opens later this year.
For the last year, Towson residents and workers have been treated to a sort of "Extreme Makeover: Office Building Edition."
Several area businesses and organizations saw their new dream home in Towson City Center, the 12-story office building once known as the Investment Building.
Leasing agents Cassidy Turley announced Wednesday that all but the fifth and sixth floors of the 157,712-square-foot tower have been leased. The two floors can house about 12,000 square feet of office space each.
“Towson City Center is strategically located at the crossroads of Towson," Doug Brinkley, Cassidy Turley's senior managing director and principal, said in a press release. Current interest in the site is strong, due to the project’s highly visible location, efficient floor plate and views, and in-building parking.”
Caves Valley Partners bought the building in 2010 and invested $27 million into improvements, including the glass facade that's joined the Towson skyline.
The building's lead tenants include Mile One Automotive and Towson University. Mile One will move its headquarters to Towson, and set up a service center nearby on York Road. Towson University will move offices, four external-facing clinics and WTMD-FM to the building. Towson University's Wellness Center will be open to the building's tenants.
Towson University will lease 58,000 square feet of space in all, more than one-third of the building. Four floors will house Mile One and offices for the building's owner, Caves Valley Partners.
Other tenants include office rental firm BusinessSuites (one floor), financial planning firm WMS Partners (one floor). Baltimore-based Bagby Restaurant Group will operate a farm-to-table restaurant on the lower level called Cunningham Kitchen.