Baltimore, Maryland, is a prime location for Industrial Space, offering a unique blend of history, culture, and economic opportunities. With its strategic location on the Patapsco River, near the Chesapeake Bay, Baltimore provides easy access to major transportation hubs, including the Port of Baltimore, Baltimore-Washington International Thurgood Marshall Airport, and Penn Station. The city's infrastructure, including its road network, light rail, and subway system, makes it an attractive location for businesses and industries. Additionally, Baltimore is home to several major institutions, including Johns Hopkins University, Loyola University Maryland, and the Maryland Institute College of Art, providing a skilled workforce and opportunities for collaboration. The city's attractions, such as the National Aquarium, historic ships, and Fort McHenry National Monument and Historic Shrine, also make it an attractive location for businesses and tourists alike.
With 59 Industrial Space listings available for lease, Baltimore offers a range of options for businesses looking to establish or expand their operations. The average annual rent for Industrial Space in Baltimore is $12 USD per square foot, with an average size of 26,033 square feet. The maximum space size available is 246,635 square feet. In addition to Industrial Space, Baltimore also offers a range of other property types, including Flex Space, which provides a flexible and adaptable work environment; Commercial Real Estate, which offers a range of office and retail spaces; Land, which provides opportunities for development and expansion; and Restaurants, which offer a unique dining experience. With its diverse economy, rich history, and cultural attractions, Baltimore is an ideal location for businesses looking to establish a strong presence in the region.
What is the average size of industrial space for lease in the Baltimore market?
In the Baltimore market, the average size of industrial space for lease is approximately 26,033 square feet, with a total of 59 available listings, offering a range of options for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Baltimore?
When leasing an industrial space in Baltimore, there are several key factors to consider to ensure you find the right property for your business needs.
- Location: Look for properties with easy access to major highways, such as I-95, I-70, and I-83, as well as proximity to the Port of Baltimore and Baltimore-Washington International Thurgood Marshall Airport, which can facilitate transportation and logistics.
- Space and layout: Consider the size of the space, with an average size of 26,033 square feet, and the maximum space size of 246,635 square feet, as well as the layout and configuration to ensure it meets your operational requirements.
- Cost and amenities: Evaluate the average annual rent per square foot of $12 USD, and consider the availability of amenities such as loading docks, cranes, and office space, as well as the overall condition and age of the property.
