PwC expanding into top three floors of 100 E. Pratt

The space has an outdoor terrace overlooking the Inner Harbor.

PwC is moving on up in 100 E. Pratt St.

The accounting and consulting firm is taking the top three floors of the 28-story Inner Harbor office tower. PwC currently occupies about 31,900 square feet on the 18th and 19th floors, according to CoStar Group Inc.

Pratt

COSTAR GROUP INC.

Floors 26-28 total more than 36,000 square feet, according to CoStar.

The top floors have been occupied by Tydings and Rosenberg LLP since 1991. The law firm is relocating across the street to 19,000 square feet at 1 E. Pratt St.

Bruce Matthai, a broker with Cushman & Wakefield who represents 100 E. Pratt St., said PwC’s deal is driven by expansion and the opportunity to move into one of the “premier spaces in the marketplace.”

The space has an outdoor terrace overlooking the Inner Harbor.

The move is scheduled for April 2018, said Richard Greenwood, PwC’s office managing partner in Baltimore. The new space will be more open and collaborative than its current offices, he said. The floor plan and outdoor space is key for recruitment, Greenwood said. PwC has a “relatively young workforce,” he said.

PwC’s local office currently has about 335 employees, and the company plans to reach 400 by 2019, Greenwood said.

The new office “positions us well for growth,” he added.

100 E. Pratt St. is more than 90 percent occupied. T. Rowe Price Group Inc. has its headquarters in the trophy property, occupying 427,000 square feet.

New Jersey-based Vision Properties acquired the building for $187 million in April 2016.

Fred Arena, CEO of Vision Properties, said the company identified PwC as a valued tenant when they acquired the property and is looking forward to keeping the company in the building.