Agora Publishing, a 33-year-old international publisher based in Baltimore, will soon be moving into another city landmark: 1001 Cathedral St. in Mt. Vernon.
The company announced Tuesday it had purchased the former site of Chase Brexton Health Services to expand its office space. Chase Brexton is moving to larger office spaces in the Monumental Life Building at Charles and Biddle streets in 2013.
MacKenzie Commercial Real Estate Services brokered the deal.
Chase Brexton had been in the Cathedral Street building since the 1990s. The ground floor of the building holds the City Café restaurant, which will remain open under the new ownership.
“We are excited to see the continued commitment to Baltimore as both of these institutions grow their operations in Mt. Vernon,” said Terri Harrington, a MacKenzie vice president.
Agora Publishing and its companies have put out 300 books and 40 newsletters that focus on financial, health and travel. The company has other offices in cities that include London, Paris, Mumbai, Johannesburg, Buenos Aires and Melbourne. It was founded in 1979 and today is located in eight historic mansions in the Mt. Vernon area.
“This is our 10th acquisition in the market and we are excited to add another unique and historic property to our portfolio,” said Jean Hankey, vice president of management and development for Agora.