Following key acquisitions in Fells Point and Harbor East, plans for vibrant retail take shape
JLL announces today it has been retained by Chasen Companies to oversee the retail leasing and marketing at 1400 Aliceanna Street, 600 S. Caroline Street and 601 S. Broadway Street in Baltimore, Maryland. Together, the projects will total more than 70,000 square feet of retail space to support the more than 400 units the properties comprise.
“Chasen is doing some really incredible work to reinvigorate retail in the heart of Baltimore City,” stated Jeff Bach, Managing Director, JLL. “Our focus will be surrounding larger national brands to bring unique and diverse options to the residents and visitors of the city for years to come.”
Chasen Companies’ portfolio comprises more than 50 luxury multifamily properties throughout the Baltimore and Washington D.C. markets. Each living and workspace is intentionally designed to provide a boutique setting with commercial space and modern amenities–all while maintaining the historic heritage of the property.
601 S. Broadway Street will be the first to deliver in February 2023 with 1400 Aliceanna and 600 S. Caroline to follow in early 2024. “We’ve doubled down on our investments in the Harbor East and Fells Point neighborhoods – revitalizing what was once a warehouse district into a destination for the community to live, work and shop. We need a team whose reach is only going to further enhance our vision,” noted Brandon Chasen, CEO, Chasen Companies. “JLL has robust experience leasing and marketing ground floor retail and we’re confident they are going to present a mix of tenants who will be as forward-thinking as we are as a company. This is a big step in our growth strategy.”
For more information about JLL’s retail advisory services, visit https://www.us.jll.com/en/
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.