The deal hinges on buyer financing and won't close until May 1.
Enic bought the 200,000-sf structure from a Baltimore Gas & Electric subsidiary in 1999 for $11.5 million. Baltimore Gas wrote off the property after paying $61 million for the asset in 1988 to entrepreneur and Church Street Station developer Bob Snow.
Officials at F.F. South couldn't be reached for comment at GlobeSt.com's publication deadline. But retail brokers familiar with the former landmark property's history tell GlobeSt.com that F.F. South, headed by Robert I. Kling, picked up a bargain, even at about $80 per sf.
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