Baltimore Key RE LLC Acquires 15,000 Sq Ft Office At 1111 Key Highway For $7.75M

Baltimore Key RE, LLC has acquired an office building located at 1111 Key Highway in the Baltimore, MD market for a total of $7,750,000. The property spans approximately 15,000 square feet and is currently fully leased to The Goddard School franchise.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $7,750,000
• Square Footage: 15,000
• Address: 1111 Key Highway
• Market: Baltimore, MD
• Buyer: Baltimore Key RE, LLC
• Seller: Woodall GPA, LLC
• Buyer's Representative: Jim Grieves - MacKenzie Commercial Real Estate Services
• Seller's Representatives: Christopher Burnham & Graham Slifer - KLNB
• Price per Square Foot: $517

The transaction marks The Goddard School's first entry into Baltimore, which is supported by favorable local demographics and a strategically advantageous location. This deal showcases the involvement of brokers Jim Grieves from MacKenzie Commercial Real Estate Services, and Christopher Burnham along with Graham Slifer from KLNB representing the seller.