Cushman & Wakefield has secured a 28,000-square-foot lease for Emory Healthcare at Baltimore Block, a recently renovated historic office development across the street from Emory University Hospital Midtown. Bruce Propst of Cushman & Wakefield represented Emory Healthcare in lease negotiations, and Claire Ross and Mike Werner of JLL oversee leasing at the property. Baltimore Block was acquired by Gamma Real Estate and Meltzer Properties in 2015.
Emory Healthcare will dedicate the Baltimore Block space for their Finance and Materials Management operations. With the Midtown hospital being located just across the street, Baltimore Block is expertly positioned for employees to remain engaged with the nearby campus as Emory Healthcare expands its footprint within Midtown’s rapidly transforming neighborhood.
As one of the best-preserved historic office developments in the Southeast, Baltimore Block offers tenants a creative, modern work environment in one of Atlanta’s most connected districts. Under the ownership of Gamma Realty, the 104,000 square-foot property completed a $4.5 million renovation project which included enhancing the space with new finishes and modern touches, as well as the addition of collaborative common areas and a state-of-the-art fitness center.
In 1885, the inspiration for Baltimore Block was drawn from the Colonial-Era’s rows of Baltimore and New York. Centered around 14 brick rowhouses, Baltimore Block once stood as Atlanta’s first rental units and was considered the most luxurious living quarters at the time. Over 200 years later, Baltimore Block was placed on the National Register of Historic Places and was later converted to office space in 1989. With most of the original structure still standing, the property now features renovations expected by the modern office tenant, while still preserving Baltimore Block’s unique character.
“In 2015, our team recognized potential growth South of North Avenue and saw an opportunity to participate in the submarket’s reinvention,” said Matthew Jacobs, Vice President for Gamma Real Estate. “Baltimore Block is a textbook example of a culturally infused, next-gen office space, and we’re looking forward to experiencing the historic property’s future successes.”