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Baltimore Sun building under contract

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Baltimore Sun building under contract

The Calvert Street property rented by The Baltimore Sun and a nearby parking garage are under contract for purchase by Baltimore-based Atapco Properties.

Atapco’s Brian Conklin said the firm is doing due diligence on a deal. He declined to say when a sale might close or what interested the firm in the site.

A spokesman for Chicago-based Tribune Media, which owns The Sun office building and its parking garage next door, declined to comment.

The company, which spun off its newspapers in 2014 but kept their real estate, has been selling the properties associated with those businesses. It sold a Port Covington parcel, where The Sun’s printing presses are located, to Kevin Plank’s Sagamore Development for $46.5 million in 2014. The Sun has a long-term lease on that property.