• Type

    Office

  • Fund

    Realized

  • Address

    700-720 East Pratt Street
    Baltimore, MD 21202

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Candler Building

Baltimore, MD

Property Overview

In July 1996, Meridian acquired the Candler Building, the second largest office building in Baltimore’s central business district totaling 550,952 square feet. Meridian was attracted to the property’s strong credit tenancy, the quality of the building and its excellent location in downtown Baltimore.

At acquisition, the property was 69% leased, and within 18 months of acquisition, Meridian stabilized the building. Within two years of acquisition, Meridian sold the asset.