Maryland Developer Greenberg Gibbons Moving HQ Back To Baltimore

Greenberg Gibbons, a Maryland-based actual property developer, will transfer its headquarters to 40Ten, signing a 13,000-square-foot lease on the Baltimore Metropolis property at the moment in growth.

In March, Business Observer reported that builders 28 Walker Improvement Group obtained a $28 million building mortgage for the property, the primary business workplace constructing in downtown Baltimore to be constructed totally utilizing heavy wooden timber supplies.

Greenberg Gibbons will consolidate its present places of work in Annapolis and Owings Mills in its new house when it strikes within the spring of 2023.  

“Baltimore Metropolis was our unique residence when the corporate was based in 1968,” Brian Gibbons, Greenberg Gibbons’ chairman and CEO, stated in a ready assertion. “It’s thrilling to maneuver our headquarters again to the town and we’re absolutely dedicated to creating a optimistic affect as a part of the Baltimore group.” 

Positioned at 4010 Boston Road, the five-story, 125,000-square-foot constructing is a part of The Collective at Canton, a master-planned, mixed-use growth within the Canton neighborhood of Baltimore. 

The brand new house will function 15-foot-high ceilings, particular huddle rooms for collaboration, massive convention rooms, eating areas, intensive views and pure gentle, plus entry to the constructing’s rooftop deck.

“After researching quite a lot of areas for our new headquarters, it grew to become clear that Canton is completely located for our staff members who reside all through the area and recurrently go to our close by developments,” Eric Walter, Greenberg Gibbons’ president, stated. “The 40Ten constructing and surrounding space has nice vitality, facilities and walkability.”

The undertaking is anticipated to be accomplished someday early subsequent yr.

Keith Loria could be reached at Kloria@commercialobserver.com.