Unlimited Access. Try it Today! Your First 10 Days Always $0.99

Topics

T. Rowe Price
Harbor Point's Thames Street Wharf sells for $89 million
Harbor Point's Thames Street Wharf sells for $89 million

Beatty Development Group President Michael Beatty has sold the Thames Street Wharf office building in Harbor Point to a California-based real estate company for $89 million. At $341 per rentable square foot, Monday's sale of the 8-story building to KBS Realty Advisors, sets a Baltimore record, said Bo Cashman, a senior vice president of the institutional properties group at commercial real estate firm CBRE, which represented the seller in the transaction. The previous record was set in 2005, when Georgia-based Wells Real Estate Investment Trust II Inc. bought the home of T. Rowe Price, 100 E. Pratt Street, for $316 per square foot. (The $207.5 million overall price of that deal...

Loading

64°