Wednesday, June 10, 2026
Family Office Briefing on research byLee & Associates·Apr 25, 2023

2023 Q1 Baltimore - Industrial

Baltimore industrial market sees first quarterly negative net absorption in Q1 2023 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialBaltimoreMaryland2023

Key Metrics

MetricValue
Net Absorption-1071216SF
Vacancy Rate5.34%
Avg NNN Asking Rate8.16$/SF
SF Under Construction14478784SF
Inventory SF269825208SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Baltimore? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.