T. Rowe Price to close 400-person operations center in Tampa

T. Rowe Price Group Inc. will close its Tampa, Florida, operations center next year as it steps up its efforts to become more digital.

The Baltimore money manager announced Wednesday that it will not be renewing its office lease for 71,000 square feet at 4211 W. Boy Scout Blvd. The 400-person center will close in June 2019.

Instead of renewing the lease, T. Rowe Price (NASDAQ: TROW) is choosing to consolidate operations that service individual investors and retirement plan participants at its…

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