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Looming T. Rowe Price Exit Expected To Push Downtown Baltimore Vacancy to Record High

Global Investment Management Firm Prepares To Relocate Headquarters to Harbor Point Development
T. Rowe Price has been headquartered at the 100 E. Pratt St. office tower in downtown Baltimore since 1975. (CoStar)
T. Rowe Price has been headquartered at the 100 E. Pratt St. office tower in downtown Baltimore since 1975. (CoStar)
CoStar News
July 2, 2024 | 8:43 P.M.

While T. Rowe Price's upcoming move to a new Baltimore waterfront development will substantially expand the global investment manager's property presence in the city, the relocation will leave behind a gaping 450,000-square-foot hole that's expected to push the downtown office vacancy rate to a record high.

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