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Blue Ocean Acquires Three Baltimore Landmark Properties

BALTIMORE, MD (August 2013) — Blue Ocean reported today that the company has, over the past week, through several affiliated entities, purchased three commercial properties in the Baltimore metropolitan area. All three of the deals were negotiated separately, at different junctures over the past six months, with different brokers and sellers. It was only by chance that they all came together to close at the same time as they did. The properties, which were cumulatively purchased for over $26,000,000.00, consist of […]

Press Contact:
Erika Orlaskey | Director of Marketing and Performance
Blue Ocean Realty
443-341-9812 | Direct Office
eorlaskey@blueoceanrealty.net

ariel view baltimore

Blue Ocean Realty Buys Downtown Baltimore’s Only LEED Gold EB Certified Office Tower

Baltimore’s 201 North Charles Street has a new owner. Blue Ocean Realty, a local company, paid $19.7 million or about $75 per square foot for the property. Jonathan M. Carpenter and James S. Wellschlager of Cassidy Turley’s Capital Markets Group represented the seller, Lexington Charles Limited Partnership. The deal is the first significant investment sale in downtown Baltimore since 2007. Baltimore’s 201 North Charles Street has a new owner. Blue Ocean Realty, a local company, paid $19.7 million or about […]

Press Contact:
Erika Orlaskey | Director of Marketing and Performance
Blue Ocean Realty
443-341-9812 | Direct Office
eorlaskey@blueoceanrealty.net

baltimore lobby

Blue Ocean Realty goes on $26M shopping spree spanning downtown to Baltimore County

Blue Ocean Realty LLC, the real estate firm that acquired the 201 N. Charles St. office tower last week, has also purchased a retail property and an office building in Baltimore County. The properties are: Seoul Plaza at 6901 Security Boulevard in Windsor Mill, a 180,000-square-foot building that was formerly a free-standing JCPenney department store. The building is located at the southern entrance of Security Square Mall. 8211 Town Center Drive, a 70,000-square-foot former Williams Scotsman Inc.-owned office building in […]

Press Contact:
Erika Orlaskey | Director of Marketing and Performance
Blue Ocean Realty
443-341-9812 | Direct Office
eorlaskey@blueoceanrealty.net

property building

Blue Ocean Realty is making waves in Baltimore

When news broke last week that the first large downtown office building had sold at market price since the recession struck, lots of people wondered who the buyer was. Blue Ocean Realty LLC is the new owner of the 28-story office tower at 201 N. Charles St. Blue Ocean was neither an institutional investor nor particularly well known in the downtown office market. But as the company gets involved in more transactions, it’s possible it could become a bigger player […]

Press Contact:
Erika Orlaskey | Director of Marketing and Performance
Blue Ocean Realty
443-341-9812 | Direct Office
eorlaskey@blueoceanrealty.net