Sold, for $121 Million: Baltimore’s Tallest Building

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Transamerica Tower
Transamerica Tower

The tallest building in Baltimore is off the market. Columbia-based COPT announced plans to buy the Transamerica Tower, better known to common Internet browsers as the home to the pergerine falcons nest.

The 37-story skyscraper at 100 Light St. sold for $121 million. Even though onetime occupant Legg Mason moved over to Harbor East, the Transamerica tower remains about 94 percent leased right now, according to the announcement. Along with the building, the sellers threw in a 10-story parking garage at 30 Light St.

For COPT, the sale represents a further move into big city buildings for the real estate company that made its name on suburban office parks. The company is also looking to build a new tower in Canton.

 

 



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1 COMMENT

  1. Guess we are getting more f*****. No Red Line.No decent public transportation. No decent political leaders.
    The only way is up (for some).

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