The U.S. General Services Administration and the Baltimore City community have sold the 1.1 million-square-foot Metro West Complex facility located in Downtown Baltimore, Maryland for $7 million during a property auction.
The sale of the Metro West Complex is predicted to not only yield $3.2 million a year in savings for the federal government but also encourage economical development within the city, GSA said Wednesday.
GSA Administrator Denise Turner Roth, Baltimore Mayor Stephanie Rawlings-Blake and Nate Loewentheil, Baltimore President’s Task Force head and White House National Economic Council senior advisor, announced the sale of the property.
Roth said that GSA worked closely with the Baltimore City community for the sale of the property to help encourage economic growth and stability within Downtown Baltimore.
“The sale of Metro West is an important step for Baltimore City to continue development and economic growth on the West side,†said Mayor Rawlings-Blake.