December 2, 2020
T. Rowe Price Group has announced that it has signed a letter of intent for a long-term lease in Harbor Point that will keep its global headquarters in downtown Baltimore.
The firm plans to relocate its downtown Baltimore operations in 2024 to two modern, green buildings at Harbor Point that will be constructed to the firm’s specifications, allowing it to create customized space that best meets its needs and supports the firm’s collaborative culture. T. Rowe Price has been headquartered in downtown Baltimore since its founding in 1937 and has been in its current location at 100 East Pratt Street since 1975. The new 15-year lease in Harbor Point would cover approximately 450,000 square feet.
“T. Rowe Price is excited to make this commitment—it’s an investment in our people, in our clients, and in our community and continues our deep and long-standing connection to the City of Baltimore,” said William Stromberg, CEO at T. Rowe Price. “In Harbor Point, we will have a vibrant campus-like atmosphere, with top-notch amenities and modern spaces designed to support the collaborative way we work with each other and with our clients.”
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