January 9, 2020
Dallas-based Hubris Capital has acquired two office properties in downtown Baltimore for a total $29.2 million.
The properties include 100 South Charles-Tower II, a 160,754-square-foot office building in Baltimore’s Pratt Street Corridor, and 201 North Charles, a 28-story, 251,943-square-foot office building. 100 South Charles recently underwent nearly $2 million of capital upgrades, while 201 North Charles is Baltimore’s only LEED Gold EB Certified CBD office tower.
Tenants at the 75%-leased 100 South Charles include Liberty Mutual Insurance Co., Jacobs Engineering Group, Behavioral Health Systems and four GSA Departments. 201 North Charles is currently 77% leased.
Jay Wellschlager, Andrew Finkelstein and Elizabeth Runge of JLL represented both undisclosed sellers in the separate transactions.
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