Merritt Properties announced today that it has purchased the 121,414-square-foot 100 West Road building, a Class A, five-story office building that is LEED-EB Gold certified. Located at West Road and the Baltimore Beltway in Towson, this property complements Merritt’s existing Class A office portfolio of 825,895 square feet within the Towson/Timonium submarket of Baltimore County.
Merritt acquired the building at 100% occupancy. In Q1 2018, 2,174 square feet will be available for rent. Current tenants include national credit, regional credit and media-office users, such as Comcast, Robert W. Baird & Company, Regus and Liberty Mutual. Building naming rights, with visibility from I-695, are available.
“Towson is a major employment center and a hub of a variety of businesses and corporate headquarters,” said Scott Dorsey, CEO of Merritt Companies. “In addition to representing a stable market, the area is growing rapidly as evidenced by many recent developments.”
100 West Road building amenities include an expansive atrium, open-air balconies, free surface parking, a conference center, an on-site café and a fitness center.
About Merritt Properties
Established 50 years ago in 1967, Merritt Properties is the largest privately held commercial real estate firm in Maryland, with nearly 16 million square feet of Class A office, flex, warehouse, industrial, retail and build-to-suit in the Baltimore/Washington area. Capabilities include leasing, property development and management, and financing. Merritt Properties is committed to Creating Homes for Businesses and providing the highest quality service to its customers.