Investment research firm Angel Publishing purchased a building in Mt. Vernon and intends to expand its team, according to Greenspring Realty Partners, which brokered the sale.

The company will move to 3-5 E. Read St. after acquiring the building for $1.4 million from Paul Wolman, former owner of P.W. Feats. Angel Publishing will relocate more than 40 employees this spring from its current location at the Candler Building, located at 111 Market Pl. along Pratt St. downtown. The company is planning on additional hiring.

The 15-year-old company has been in Baltimore city since 2013, and the move indicates it is planning to stay as it grows.

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