Green Touch Builders | Union Wharf price pushes Baltimore apartment sales into D.C.'s orbit
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April 3, 2015 By SEO Admin

Union Wharf price pushes Baltimore apartment sales into D.C.'s orbit

There’s no question that the Bozzuto Group and its development partner, Cigna, set a Baltimore record in selling Union Wharf to J.P. Morgan Investment Management Inc. for $121.5 million.

The per-unit price of $432,384 was so high, it topped the most recent per-unit multifamily sale prices in Baltimore by nearly $200,000. So I looked to our closest neighboring city for some context in understanding where Baltimore multifamily sale prices could be headed.

Once I did some checking with a CoStar Group…