August 26, 2022
Firm’s move to Class A, 12-story landmark in the city’s CBD is a big win for downtown Baltimore
BALTIMORE, MD - August 2022 – BDO USA, LLP, one of the nation’s leading accounting and advisory firms, has signed a lease with American Real Estate Partners (AREP) to relocate its Baltimore office to the Candler Building at 700 East Pratt Street, overlooking Baltimore’s iconic Inner Harbor. The professional services firm will move into the newly transformed 589,830 SF Class A building in January 2023
“Everything about Candler aligned with our goal of finding a location that would help our people and clients thrive - from the unbeatable location in Baltimore’s Central Business District (CBD) to AREP’s tenant-centric management and amenities,” remarked Mike Stankus, Tax Managing Partner, BDO in Baltimore. “Our teams are focused on delivering best in class services to clients across the country and globally, so it is critical that our offices are in places where people want to collaborate and innovate. We want to be in the heart of it all – in a space that prioritizes the well-being of its tenants. That’s the Candler Building.”
BDO joins an impressive tenant roster that includes Johns Hopkins University, RK&K, Venable, The National Aquarium, Centurylink and Blackwall Hitch restaurant. The Candler Building is now WELL Building Health Safety Rated and has a UL Verified Healthy Building Mark. Amenities include a state-of-the-art fitness center, lounge and conference center, bike storage as well as two in-building eateries, fast casual Bon Fresco and sit down Blackwall Hitch. “Baltimore is turning a corner with lots of new development and a community that is reinvesting in downtown and we are very excited to be in the CBD for this new chapter in our community,” said Dan Wahlberg, Assurance Office Managing Partner, BDO in Baltimore.
“The momentum we are seeing in downtown Baltimore is indicative of a true renaissance,” stated Shelonda Stokes, President and CEO, Downtown Partnership of Baltimore. “BDO’s commitment to the Candler Building and Baltimore’s CBD is a true testament to the evolution that is happening in our city. BDO is supporting Baltimore’s ongoing development with its investment in our downtown spaces and ongoing work to provide preeminent services to Baltimore’s most prominent businesses.”
“We are thrilled to welcome BDO to the Candler Building and downtown Baltimore,” shared Kerri Thomas, SVP Leasing, AREP. “We invested and centered our award-winning renovation around wellbeing and productivity - and delivered a flexible modern workplace with extraordinary amenities inspired by the cultural significance of this storied property.”
BDO was represented by Transwestern’s Ashley Tarran-Jones, Larry Serota and Cece Conway. The JLL Candler team’s Tony Gross and Peter Jackson together with Anne Marie Paintsil of JLL Agency Leasing provided transaction advisory and consulting services to AREP.
For more information about the Candler Building at 700 East Pratt, visit 700eastpratt.com For additional information about JLL’s leasing and marketing advisory services, visit https://www.us.jll.com/en/locations/mid-atlantic.