SunTrust Bank building price drops $30M in decade

Franklin Street Properties lost roughly $30 million in the sale of the SunTrust Bank building announced earlier this week. On Tuesday, officials disclosed the sale of the 25-story building at 120 E. Baltimore St. to Grander Capital Partners LLC for $32.8 million. Franklin Street Partners, a Massachusetts-based real estate investment trust, purchased the building in 2007 from the ...

To purchase a reprint of this article, contact reprints@thedailyrecord.com.

Leave a Reply

Your email address will not be published. Required fields are marked *