Gallery Tower For Sale

gallery harborplace inner harbor
Bisnow file photo

One of Baltimore's most iconic retail and office properties is once again for sale. General Growth Properties has listed The Gallery shopping mall and 30-story office tower with Cushman & Wakefield, the Baltimore Business Journal reports. A General Growth spokesman told the BBJ that it won't have any comment on the listing until August.

Michael Kors, Gap and Banana Republic are among the retail tenants while office tenants include Lupin Pharmaceuticals and Cigna Health Care. Office rents range between $24 and $29/SF, according to CBRE. It's not the first time the Chicago developer has tried to unload The Gallery. The developer put the mall and Harborplace on the market in 2008 to pay down $900M in debt. It successfully sold Harborplace to New York's Ashkenazy Acquisition Corp in 2012. The waterfront mall helped transform Baltimore's Inner Harbor into a tourist destination. [BBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Avison Young Plans Second Major Recapitalization Since 2024

Judge Approves $70M Sale Of Philly's Largest Office Complex

Kidder Mathews Establishes First Texas Office In DFW, Adds 6 New Brokers

EXCLUSIVE: Building On Former Denver Johnson & Wales Campus To Sell For $11M

SEC Probe Of LA Dodgers Owner Mark Walter Snares Chicago Brokerage

Houston CRE Firms Turn To Contractors As They Look To Scale