Miles & Stockbridge, an old school Maryland law firm that occupied an old school space, will move its Baltimore office in 2013 to 100 Light Street, a building I still call the “Legg Mason Building” even though Legg Mason is long gone.
Miles & Stockbridge’s 10 Light Street location was a throwback to a different era, right down to the elevators that terrified. Why is Miles moving its 275 employees to the old Legg Mason Building that is now called the Transamerica Tower? I don’t know but I have a guess: sweetheart deal. In this market, if you are looking to grab 120,000 square feet and you have been in business for a long time, you are a sought after tenant. I’d love to know what they are paying per square foot.