Power surge: Constellation searching for more office space in city
Constellation Energy Group Inc., Baltimore's largest public company, is close to signing a deal for as much as 100,000 square feet of additional office space in the city, according to real estate brokers and others familiar with the deal.
The utility company, based at 750 E. Pratt St. downtown, is scouting space at the Verizon Building at 1 E. Pratt St., the Bank of America Building at 100 S. Charles St. and Montgomery Park at 1800 Washington Blvd., said Manekin LLC broker Matt Haas, who is familiar with Constellation's search. Constellation is outgrowing its offices at 750 E. Pratt and in the Candler Building at 111 Market Place, where the company also is angling for more space.
Kirby Fowler, president of Downtown Partnership of Baltimore Inc., said Constellation could sign a deal soon, but he declined to comment on a specific location. Regardless of where Constellation takes more space, the bottom line is the Fortune 500 company is planning to bring more jobs to downtown and boost its presence in Baltimore, Fowler said.
"It's positive that Constellation continues to expand in downtown," he said. "It's reason to celebrate."