Court Towers

Irreplaceable Downtown Towson Location

• Core of Baltimore’s Most Affluent Market
• Adjacency to the Baltimore County Circuit Court and County Executive Offices Drives Built-In Law Firm Tenancy Demand
• Entrenched in Downtown Towson’s 24/7 Amenity Rich Location
• Highly Accessible from the Affluent Surrounding Suburbs; Less than One Mile From the Baltimore Beltway (I-695)
• Significant Capital Investment Surrounding the Asset in Each Direction in the Form of Residential and Retail Development

Excellent In-Place Cashflow From a Stable and Diversified Tenant Base With Upside

• 73% Leased with 61% of Leased SF Accounted for by Law Firms Including Venable (AM Law #67)
• No Tenant Rollover Exposure Until 2026
• Only an Average of 8.0% of RBA Expires Annually Through 2031
• Significant Upside Through Leasing the Remaining Rentable Area as Well as Parking & Coworking Income Growth Through the Planned Adjacent Apartment

Proximate to Major Demand Drivers

• The County Seat of Baltimore County and County Executive Offices
• The Baltimore County Circuit Court
• 2nd Largest Job Market in Maryland Generating $47.7 Billion in Economic Output
• Hospitals Including: Greater Baltimore Medical Center, University of Maryland St. Joseph Medical Center and Johns Hopkins
• Colleges Including: Towson University (Maryland’s 2nd Largest College), Goucher College, Loyola University Maryland, and Johns Hopkins

Wealthy Local Demographics Within a 3-Mile Radius

• Average Household Income of: $130,000
• 57% of the Population has a Bachelors Degree or Higher
• 11 Private Schools and 6 Country Clubs

Potential For Seller Financing

• While it is not the Seller’s Preference, No Debt Exists on the Property and the Seller will Consider Seller Financing if by Doing so There is a Meaningful Benefit to the Offered Terms