Baltimore Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, CBRE, Survey
Quarterly industrial market indicators for Baltimore, aggregated by PropZone from Cushman & Wakefield, CBRE, Survey. As of Q1 2026, average asking rent was $11.02/SF.
Projected current industrial pricing — Baltimore
low confidenceProjected asking rent
$11.02–$11.25/SF/yr
Estimated sale value
$138–$172/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.3%, asking rent trend-adjusted to today). Assumes ~91% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $11.02/SF | — | 0K SF | — | Cushman & Wakefield |
| Q1 2026 | — | 8.7% | — | — | CBRE |
| Q1 2026 | $11.02/SF | 8.7% | — | — | Survey |
| Q4 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q4 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2020 | — | — | 2K SF | 0K SF | Cushman & Wakefield |
| Q2 2020 | — | — | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Baltimore?
- As of Q1 2026, the average asking rent for industrial space in Baltimore was $11.02/SF, per Cushman & Wakefield.
- What is the industrial vacancy rate in Baltimore?
- Vacancy data for Baltimore industrial is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Baltimore market data come from?
- This report aggregates quarterly industrial market data for Baltimore from Cushman & Wakefield, CBRE, Survey.
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