Mid-Atlantic Properties Inc Acquires Towson Office Tower For $13.55M

A prominent office tower located at 210 W Pennsylvania Ave in Baltimore, MD has been sold for $13.55 million. The buyer of the property is Mid-Atlantic Properties Inc, a Towson-based investment group. The office tower, known as Towson's Court Towers, spans a total area of 217,325 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $13,550,000
• Address: 210 W Pennsylvania Ave, Baltimore, MD
• Market: Baltimore, MD
• Buyer: Mid-Atlantic Properties Inc
• Square footage: 217,325

This sale represents a significant transaction in the commercial real estate market. Towson's Court Towers, previously associated with Baltimore Orioles owner Peter Angelos, was acquired by Mid-Atlantic Properties Inc. The investment group, based in Towson, sees potential in this office tower and aims to capitalize on its strategic location. The sale price of $13.55 million reflects the value placed on this prime property in Baltimore, MD.