Cushman & Wakefield has announced that the Commerce Exchange Building, at 17 Commerce Street in Baltimore, is for sale by its owner, Baltimore International College.
The Cushman & Wakefield Maryland Capital Markets team of Brian Kruger, Nicholas Signor and Jonathon Chalkley, alongside Anthony Liberto and Jeff Pacy of C&W’s Multifamily Advisory Group, and Courtenay Jenkins, senior director of office leasing, will handle the sale of the building on behalf of Baltimore International College. They are marketing the property as a redevelopment opportunity for multifamily, hotel, office or retail use.
Originally home to the Baltimore Grain Trading Exchange, the 80,555 square footCommerce Exchange Building was built in 1906 after the Great Baltimore Fire and completely renovated in 1985. Listed on the National Register of Historic Places in 1983, the five-story building with an adjoining, improved lower level features a unique Renaissance-Revival style, offering high ceilings and an amenity-rich location just two blocks from Baltimore’s Inner Harbor. Abundant parking is located immediately adjacent to the building.