November, 2016, Alexandria, VA –Prime Building Advantage is expanding its portfolio to the growing high-end residential rental market. Prime Building Advantage will now offer builders and developers full service support, handling all marketing and leasing efforts, for rental properties.
Prime Building Advantage’s newest partner is Gables Residential. Gables Residential is an award-winning, vertically integrated, real estate company specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities. Gables Residential owns, develops and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, South Florida, Southern California and metropolitan Washington, D.C. The Prime Building Advantage team is now assisting Gables Residential with the marketing and leasing of 10 Light Street in Baltimore. 10 Light Street is an elegant historic building with enviable water and city views in the heart of downtown Baltimore. It is one of the most recognizable buildings in the Baltimore skyline.
“We truly understand this rental market,” says Charlie Hatter, co-principal of Prime Building Advantage. “This property is similar in amenities and resident lifestyle to our Inner Harbor Ritz-Carlton Residences property. 10 Light Street has 400 apartment homes available; ranging from 485 square feet to over 3,400 square feet. The apartments homes rent from $1,300-$11,999 per month. The property includes a 24-hour concierge, pool, roof top terrace, fitness and business centers to name just a few along with high end finishes including hardwood style flooring, granite countertops, stainless steel appliances, and steam washer and dryer combos.
Prime Building Advantage’s growth in the leasing and management market is a natural extension of its real estate services where they work with property owners and builders as well as buyers and renters.
10 Light Street pairs property owners looking to preserve historic buildings and create exciting new places with residents seeking the excitement and conveniences of city living. “We work with a model of quality,” says Hatter. “Baltimore is becoming a hot market for high-end rentals and it’s one of the markets we know best. We expect this property to raise the standards for city living.