RMF Engineering
Savills Studley, the leading commercial real estate firm specializing in tenant representation, has completed a lease renewal for RMF Engineering, Inc. The largest tenant in the building, RMF will maintain its 27,862-square-foot headquarters on the third floor of 5520 Research Park Drive in Baltimore. The new lease will commence in April of 2019.
“Renewing our lease at bwtech@UMBC, most importantly, provides our clients and employees continued accessibility to and from our headquarters,” said Duane Pinnix, president and CEO of RMF Engineering. “Savills Studley understood our business priorities and aligned them with a strategic real estate solution. We are proud to have a space that reflects our innovative culture and identity as a leading full-service engineering firm.”
With 12 offices across the United States, RMF Engineering leads the industry in the development of new engineering production methods and technologies for clients in the healthcare, higher education, laboratory/research and government sectors. An award-winning engineering firm, RMF has won multiple project awards, is annually named to Consulting Specifying-Engineer’s “MEP Giants” list and is regularly named a top-performing “Circle of Excellence” firm by PSMJ Resources.
Located on the campus of University of Maryland, Baltimore County (UMBC), 5520 Research Park, also known as bwtech@UMBC Research & Technology Park, offers access to campus amenities including fitness, childcare, conferencing, cultural and dining facilities. Built in 2008, the building is owned, managed and represented by Corporate Office Properties Trust.
The Savills Studley team included Baltimore Senior Managing Director George Santos and Managing Director Ryan Miller, who negotiated the terms on behalf of RMF Engineering.
“Supported by our high-quality market research and in-depth analysis, RMF ultimately decided to renew its lease and remain in its current location,” said Santos. “5520 Research Park has been home to the firm for nearly a decade. Their tenure in the building and the tenant-favorable market conditions provided the leverage we needed to secure agreeable terms that would meet the client’s functional and economic goals.”
Savills Studley launched its Baltimore office in 2015, expanding the firm’s footprint in the Mid-Atlantic region. The office delivers sophisticated real estate advisory and transaction services to the area’s top tenants, including government, non-profit, education, healthcare, legal, technology, financial and industrial users. Since opening, the Baltimore location has developed a track record of achievement and creative problem-solving for clients of all sizes and across all industries.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive platform includes brokerage, project management, capital markets, consulting and corporate services. With 30 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 32,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit savills-studley.com and follow us on LinkedIn and Twitter: @SavillsStudley.
About RMF Engineering
Founded in 1983, RMF Engineering (www.rmf.com) provides planning, design, engineering, commissioning and facility assessment services globally to clients in the healthcare, higher education, laboratory/research and government sectors. The firm leads the industry in the development of new engineering production methods and technologies, including Building Information Modeling (BIM), carbon reduction strategies, and in-depth assessment technologies. A privately held company headquartered in Baltimore, Maryland, RMF has more than 230 employees in 12 U.S. offices.
