Baltimore Industrial MarketBeat Q1 2026
Baltimore's industrial market experienced rising vacancy of 9.0% (up 160 basis points year-over-year) and negative net absorption of 55.8k square feet year-to-date in Q1 2026, with leasing activity declining 10% below 2025 quarterly averages while development shifted from the I-95 North Corridor to the Baltimore-Washington Corridor. Development under construction totaled 1.7 million square feet (down 44% year-over-year) with only 323,250 square feet delivered, while asking rent remained at $11.14 per square foot and submarket performance diverged significantly, with the I-95 North recording positive absorption and the Baltimore-Washington Corridor recording negative absorption driven by Class B space losses.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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