Additionally, the company is currently developing Wills Wharf, a 325,000-square-foot mixed-use project. The vertically integrated REIT also recently claimed a controlling interest in 1405 Point, formerly Point Street Apartments, a 289-unit luxury high-rise. Thames Street Wharf will be Armada’s third major asset in the 27-acre Harbor Point neighborhood. Armada Hoffler Construction also maintains offices in the building, which is home to a total of seven tenants.
The eight-story tower, which also features roughly 1,500 square feet of retail space, is 100 percent occupied.Īnchors Johns Hopkins Medicine and Morgan Stanley occupy a combined 92 percent of the LEED Gold-certified property, with the latter having signed a lease renewal in the first quarter of 2019 to continue to occupy its 195,783 square feet of space. and built by Armada Hoffler Construction, a subsidiary of Armada.
Having just entered into an agreement, Armada will purchase Thames Street Wharf from KBS in a $101 million transaction. CBRE marketed the asset on behalf of the seller.įronting the Baltimore Harbor at 1300 Thames, St., Thames Street Wharf first opened its doors in 2010, developed by H&S Properties Development Corp. Image courtesy of KBSĪrmada Hoffler Properties will soon expand its footprint in Baltimore’s popular Harbor Point development with the acquisition of a 260,000-square-foot trophy office building.
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