Wells Fargo Advisors Lease Renewal in Lutherville adjacent to Greenspring Station Paves Way for Rare Investment Opportunity.
Trout Daniel & Associates announces the renewal of Wells Fargo Advisors lease at 2350 W. Joppa Road in Lutherville, Maryland. This distinguished property offers valuable visibility and easy access at the crossroads of Falls Road, Greenspring Valley Road and Joppa Road as well as 1-695 and I-83.
The property owner was represented by Steven Cornblatt and Gary Olschansky of TD&A, while David Fields and Scott Miller of CBRE represented the Tenant.
This coveted property has never been available for sale until now and includes the adjacent restaurant building occupied by longtime tenant, Poulet Fresh Cuisine.
TD&A agents paused marketing the property while negotiating the lease extension. According to Olschansky, “Now that there’s the certainty of a new lease with WFA we are bringing the opportunity back to the market. We expect that there will be a great deal of interest from anyone seeking a prominent HQ location that they can also own.”
Wells Fargo has been the only occupant of the office building since it was constructed in 1999. The renewal reduced their footprint from 4 floors to 3, thus providing the rare opportunity for another business to purchase the property and occupy the 4th (top) floor of the building.
Those interested in the property should contact Steven Cornblatt and Gary Olschansky with TD&A for additional information at (410) 435-4004 or www.troutdaniel.com.
About Trout Daniel & Associates
Trout Daniel & Associates is a full-service commercial real estate brokerage serving businesses throughout the mid-Atlantic and beyond. The firm takes a highly-customizable approach to providing a full range of commercial real estate services, including brokerage, development, consulting and management to the retail, office, industrial, multi-family and investment market segments.