Watch CBS News

Howard Hughes Corp. Buys Columbia Office Building

COLUMBIA, Md. (AP) -- The Howard Hughes Corp. has bought a nine-story office building next to The Mall in Columbia.

Hughes purchased the former Ryland Group headquarters last week. The Baltimore Sun reports that the building is close to land upon which Hughes plans to build a $100 million apartment and retail complex.

The property is known as 70 Corporate Center. With nearly 170,000 square feet of space, it is one of Columbia's largest office buildings.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.