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James A.C. Kennedy
T. Rowe Price to retain downtown headquarters through 2027
T. Rowe Price to retain downtown headquarters through 2027

T. Rowe Price Group Inc. announced Thursday that it intends to keep its headquarters on Pratt Street in downtown Baltimore though 2027, quelling fears that the money manager would relocate.  The company said in April that it was considering moving its operations to its Owings Mills campus or finding new headquarters on vacant sites in Baltimore. Its current lease at 100 East Pratt Street expires in 2017.  In Thursday's announcement, T. Rowe Price said it had signed a letter of intent for a new 427,000-square-foot lease, which would expire in 2027. The company has been in its current building since 1975 and employs almost 1,300 people in the downtown offices. ...

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