Insurance, Inc. to Move HQ to BECO Tower II
- Mar 30, 2015
By Adrian Maties, Associate Editor
BECO Management, Inc. has announced the signing of another tenant at its BECO Tower II office building in the Owings Mills Town Center section of northwest Baltimore County. Insurance, Inc., the new tenant, will occupy 10,921 square feet of space. With this new signing, BECO Management said that it has leased over 25,000 square feet of space at BECO Tower II, in the first months of 2015.
BECO Tower II is a 12-story office building with 200,000 square feet of space. The property is located at 10461 Mill Run Circle. It is part of a two-building portfolio, totaling 330,000 square feet of Class “A”office space. Amenities include a state-of-the-art fitness center, a conference center for up to 110 people, and an outdoor lounge.
Last month, BECO Management announced the addition of four new tenants at the property. The leases represented more than 12,260 square feet of space. And The Vinca Group has also leased 1,735 square feet of space at BECO Tower II, to bring this year’s total leasing activity to over 25,000 square feet.
Insurance, Inc. is a full-service insurance agency. The company will relocate its headquarters to the new location by early summer. It will bring approximately 40 employees with it.
Insurance, Inc. looked for space in both the Owings Mills area and the I-83 corridor. In a news release, Dod Casey, president of Insurance, Inc., said that his company chose BECO Tower II because of the total value package the location presented. Casey also praised the building’s amenities, lighting and views.
Gary Applestein of Colliers International represented the landlord in the transaction. Matt Mueller of MacKenzie Commercial Real Estate Services represented the tenant.
Photo credit: BECO Management