A downtown Baltimore office tower sold for $66M in 2015. It just sold for less than half that amount.

Jerry Jackson/Baltimore Sun

Eight years after its sale fetched more than $66 million, the 30-story office tower at One South Street in downtown Baltimore sold last month for $24 million.

Jerry Jackson/Baltimore Sun

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Eight years after its sale fetched more than $66 million, the 30-story office tower at One South Street in downtown Baltimore sold last month for $24 million.

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By Giacomo Bologna | gbologna@baltsun.com | Baltimore Sun

UPDATED: July 17, 2023 at 9:36 PM EDT

Eight years after its sale fetched more than $66 million, the office tower at One South Street in downtown Baltimore sold last month for $24 million, a markdown that could be a barometer for the city’s commercial real estate industry. Commercial real estate prices across the country are slumping and many downtowns are struggling with […]