Why implement your industrial in Baltimore?

Baltimore has emerged as a prominent destination for industrial space leasing, thanks to its advantageous location on the East Coast of the United States. The city's proximity to major highways, railways, and the Port of Baltimore provides excellent transportation access for businesses involved in manufacturing, logistics, and distribution. 

 

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How much does it cost to rent an industrial space in Baltimore?

The cost of renting an industrial space in Baltimore can vary depending on factors such as location, size, amenities, and market conditions. Generally, industrial space leases are measured in terms of square footage and are priced accordingly. The average asking rent for industrial properties in Baltimore ranges from $5 to $12 per square foot per year, depending on the specific type of space and its location within the city. 

To read: our Baltimore MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

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Are industrial space rents likely to increase in Baltimore?

The potential for industrial space rents to increase in Baltimore depends on various factors, including supply and demand dynamics, economic conditions, and market trends. While it is challenging to provide a precise prediction, there are indications that industrial space rents in Baltimore could experience upward pressure. 

Baltimore has been witnessing significant redevelopment and revitalization efforts, particularly in areas such as Port Covington and Curtis Bay, which are attracting new businesses and driving demand for industrial spaces. Additionally, the growth of e-commerce and logistics industries has increased the need for distribution centers and warehouses, which can lead to increased competition for industrial space and potentially higher rents. 

Baltimore's strategic location on the East Coast and its accessibility to major transportation networks, including highways, railways, and the Port of Baltimore, contribute to its appeal as a logistics hub. This favorable location can positively impact demand for industrial spaces and potentially influence rental rates. 

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Popular neighborhoods in Baltimore

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Getting to and from Baltimore

Baltimore is a major transportation hub with several convenient options for getting to and from the city. 

• By air: Baltimore/Washington International Thurgood Marshall Airport (BWI) is the city's primary airport and is located just 10 miles from downtown Baltimore. The airport is served by many major airlines and offers numerous domestic and international flights. 
• By train: Baltimore is served by Amtrak, with two major train stations: Baltimore Penn Station and BWI Thurgood Marshall Airport Station. Amtrak provides convenient access to cities throughout the Northeast Corridor, including Washington, D.C., Philadelphia, and New York City. 
• By bus: Baltimore is served by several bus companies, including Greyhound and Megabus, which provide connections to cities throughout the East Coast and Midwest. 
• By car: Baltimore is easily accessible by car, with several major highways including I-95, I-83, and I-70 passing through the city. However, traffic in and around the city can be heavy, especially during rush hour. 
• Public transportation: Baltimore also has a comprehensive public transportation system, including a subway, light rail, bus, and commuter rail services provided by the Maryland Transit Administration (MTA). The Charm City Circulator, a free bus service, operates in downtown Baltimore and connects many popular attractions.