Former McCormick Property Sells for $11M

BALTIMORE-A developer based in Baltimore County has assumed control over a major undeveloped parcel situated near Baltimore's Inner Harbor.

By GlobeSt News Hub | January 11, 2011 at 01:01 AM

BALTIMORE-A developer based in Baltimore County has assumed control over a major undeveloped parcel situated near Baltimore's Inner Harbor. In a foreclosure auction, an affiliate of Pikesville-based Questar Properties has submitted a high offer for the former McCormick & Co. property.

414 Light Street Associates LLC has acquired the Light Street parcel for an amount of $11.5 million. The 1.9-acre parcel was originally designed for a 59-story skyscraper, but the plan never materialized. For the full story, go to Baltimore Sun.

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