RBC Wealth Management is joining the growing list of downtown Baltimore companies moving to newer waterfront offices east of the central business district.
RBC Wealth has signed a lease to move from the Transamerica Tower at 100 Light Street to Wills Wharf, an office building and hotel at Harbor Point, by October of this year.
Beatty Development Group and Armada Hoffler Properties announced today that RBC Wealth will occupy 5,911 square feet on the second floor of the 12-story building, part of the 27-acre Harbor Point community between Harbor East and Fells Point.
“Moving RBC Wealth Management’s Baltimore office to Wills Wharf provides us with more opportunity for growth, as well as a premier, centralized location to offer better access and an even greater level of client service to our growing client base,” said Mike Crowell, Baltimore complex director at RBC Wealth Management, in a statement.
“We’re excited to welcome RBC Wealth Management to Wills Wharf,” said Michael Beatty, President of Beatty Development Group. “Wills Wharf is shaping up to be one of the premier office locations in the city, an ideal spot for companies with expansion plans. We’re pleased to see RBC Wealth Management continue their commitment to Baltimore and grow at Harbor Point.”
RBC Wealth is the latest of several companies that have announced plans to move from Baltimore’s central business district to offices in Harbor East or Harbor Point. Others include the T. Rowe Price Group.; Transamerica; Bank of America’s Baltimore offices, and the Gordon Feinblatt law firm, which recently moved to 1001 Fleet Street.
RBC Wealth is a U. S. division of RBC Capital Markets, LLC., a global investment bank founded in Canada in 1909. The Baltimore office is one of 180 locations for the company, which has more than 2,000 financial advisors in 42 states and $500 billion in total client assets.
Located at 1201 Wills Street, Wills Wharf contains 236,000 square feet of office space, a 156-room Canopy by Hilton hotel on the top four floors, and Cindy Lou’s Fish House, a restaurant operated by the Foreman Wolf group. Its office space is more than 50 percent leased. Other current or future office tenants include Jellyfish, EY, Bright Horizons and Transamerica, which also is moving from 100 Light Street.
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