West Pratt Street building sells for $7.36M

Daily Record Business Writer//August 31, 2015

West Pratt Street building sells for $7.36M

By Adam Bednar

//Daily Record Business Writer

//August 31, 2015

Baltimore-based Valstone Partners has purchased 300 W. Pratt St. for $7.36 million,

DTZ’s Baltimore Capital Markets team represented the seller Guggenheim Real Estate LLC and announced the deal in a news release Monday.  The 61,655-square-foot office and retail building in the city’s Central Business District is currently 55 percent leased.

“300 West Pratt Street represents an extraordinarily rare opportunity on Pratt Street as it is one of the few historic rehabilitations on the primary business boulevard of downtown Baltimore,” commented Graham Savage.  “Combined with its proximity to Oriole Park at Camden Yards, the property is an essential Baltimore asset, and one that will compete for new tenants immediately.”

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