Newmark today announced that Whitebox Technologies, Inc. (Whitebox) has leased 3,578 square feet of office space at Clipper Mill, an urban, mixed-use and historic adaptive re-use development located in the Hampden-Woodberry neighborhood in Baltimore. The Ecommerce company will move its operations from South Port Street into the renovated space which was purchased by an affiliate of ValStone Partners, LLC last year.
Clipper Mill encompasses more than 140,000 square feet including Class A apartments, creative office and artisan space, and is home to Woodberry Kitchen, one of Baltimore’s best restaurants. It is located in the recently ranked “top 10 hottest” Hampden-Woodberry neighborhood in Baltimore, Maryland by Redfin. The space provides easy access to I-83 and I-695, and the Woodberry Light Rail station is on site.
“Clipper Mill’s exceptional location, asset quality, and unique historic nature offer dynamic alternatives to the traditional office space,” said Newmark Executive Managing Director Dan Callihan. “The building is ideally positioned to take advantage of Baltimore’s millennial-rich population.”
Callihan, along with Managing Director Karen Robertson and Associate Director James Cumber facilitated the transaction on behalf of Ownership. Matthew Seward and Douglas Brinkley of Cushman & Wakefield represented Whitebox.
About Whitebox Technologies
Whitebox is an entire ecommerce operation in a single package. By combining all functions of the ecommerce process into one service, Whitebox makes it easy for manufacturers and brands to scale to a global level, while shrinking overhead.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol “BGCA”.
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