# Amazon bought the former T. Rowe Price Group office building in Owings Mills for $15.2 million.

*business · news · 2026-05-05 · CBS News*

## Key points

- Amazon Data Services purchased the former T. Rowe Price office in Owings Mills for $15.2 million.
- Amazon confirmed the building will not be used as a data center.
- The company declined to disclose the intended use for the acquired Owings Mills property.
- Amazon is separately expanding its Maryland data center footprint in Frederick and proposing one in Calvert County.

**Companies:** Amazon
**Countries:** United States

[Read the full story on CBS News](https://www.cbsnews.com/baltimore/news/owings-mills-maryland-amazon-office-purchase/)

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