Goodier Properties purchased the building in early 2015 and embarked upon several improvements and tenant moves to accommodate a new lease with Planit for 25,000 square feet of space.
The Key Highway property was originally home to the Mangels Herold Co., makers of King syrup and molasses. Later in its life, the city acquired it and turned it into an incubator for small businesses. In the early 2000s, the Baltimore Development Corp. played a role in having the property redeveloped into office space. When Goodier purchased the building, it was mostly leased with the exception of a space that was once home to the Daily Record’s printing operations. That space, coupled with the adjacent then occupied space of Race Pace bicycles, was the perfect configuration for Planit’s new headquarters, and thus precipitated a chain of tenant moves and building upgrades.
Planit also opened a new 1,100 square foot retail coffee shop in a portion of their space that will be open to the public as well as an employee perk and a testing ground for some of their work.