AREP Completes Renovation of Office Property in Baltimore’s Business District

BALTIMORE — American Real Estate Partners (AREP) has completed renovations of 700 E. Pratt St. in Baltimore’s central business district. AREP purchased the 12-story office building in 2017 and has been working on renovations for nine months. Hord Coplan Macht, Venable, Johns Hopkins, CenturyLink, Havas Media Group and Verizon Global Services either signed or renewed leases in anticipation of the renovations. Improvements include a new interior, which features polished concrete, reclaimed wood, exposed brick, period lighting and preserved historic elements; boutique-inspired lobby with experiential areas; fitness facility; activated conference area; and direct access to new perimeter retail punctuated with patio seating that opens out onto both Market Place and Pratt Street.