3-11-16

6A — March 11 - 24, 2016 — DelMarVa — M id A tlantic

Real Estate Journal

www.marejournal.com

D el M ar V a

Cresa promotes Jonathan Harms, Aaron Berkey, and William Tidwell to principal Cresa Baltimore represents Holt Paper & Chemical in 30,000 s/f lease renewal B dustrial space located in the Western Business Center.

ALTIMORE, MD — Cresa Baltimore re- cently represented Holt Paper &Chemical in a 30,000 s/f lease restructuring and re- newal at 1381 Western Ave. in Baltimore, MD. Cresa is the world’s largest corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of integrated services. Holt Paper & Chemical, a local, family-owned paper and janitorial supply com- pany, will continue to occupy a portion of the 185,468 s/f, single-story, standalone, in-

Scott Wingrat and Drew Peace of Cresa represented the tenant in the transaction. According to Wingrat, the client is happy with the build- ing’s close proximity to I-95, easy access to customers in DC and Baltimore, and excel- lent building signage, which provides “strong brand rec- ognition.” Peace said Cresa was able to negotiate more favorable terms, which will allow the company to upgrade its space. The landlord, DCT Indus- trial Trust, Inc., was repre-

1381 Western Ave.

timore, MD; Bethesda, MD; and McLean, VA. In other news... Cresa Washington DC re-

sented by Toby Mink from CBRE . Cresa has area offices in the District of Columbia; Bal-

cently promoted Jonathan Harms , Aaron Berkey , and William Tidwell to prin-

c i pa l . The three profes- sionals were pr ev i ous l y senior vice pres i dent s at the firm. H a r m s ,

DELAWARE, MARYLAND, VIRGINIA, OH MY! Send all Press releases and advertising inquiries regarding DelMarVa (including Washington, DC) to: Eric Ballenger Eballenger@marejournal.com or call 781.871.5298 x211

Jonathan Harms w h o h a s be en wi t h Cresa since 2004, is re- s p o n s i b l e for strategic p l a n n i n g , f i n a n c i a l a n a l y s i s , b u s i n e s s terms struc- turing, and negotiating transactions. He was rec- ognized as a Top Produc- er by Cresa in 2014 and received the c ompany ’ s Largest Deal Award in 2010 and 2014. A LEED-Accredited Profes- sional, Berkey specializes in comprehensive strategic plan- ning, global account manage- ment, lease negotiations, and mitigation of the costs and risk associated with growth stage technology companies. He was named one of Cresa’s Top Producers in 2014 and was the recipient of the company’s Collaboration Award in 2015. Tidwell, with nearly 20 years of industry experience, joined Cresa in 2009 after serving as a senior direc- tor of brokerage services in the McLean, VA, office of Cushman & Wakefield for 13 years. During his career he has been responsible for transactions in excess of 8 million s/f. Tidwell has been the recipient of many awards from Cresa, including Top Producer from 2012-2015. n Aaron Berkey William Tidwell

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