Quarterly Market Report

Baltimore Metropolitan Statistical Area

Each quarter, MacKenzie's Research team collects, analyzes, and distributes data on the state of the commercial real estate market within the boundaries of the Baltimore Metropolitan Statistical Area. Please contact us with any questions.

Office Market

Baltimore MSA | 4th Quarter 2023
SF

Net Absorption

%
Occupied
$/SF

Rental Rate

Industrial Market

Baltimore MSA | 4th Quarter 2023

Flex Properties

SF

Net Absorption

%
Occupied
$/SF

Rental Rate

Warehouse Properties

SF

Net Absorption

%
Occupied
$/SF

Rental Rate

Retail Market

Baltimore MSA | 4th Quarter 2023
SF

Net Absorption

%
Occupied
$/SF

Rental Rate

Our Criteria

MacKenzie tracks buildings that meet the following requirements and identifies these buildings as true reflectors of commercial real estate activity within the Baltimore Metropolitan Statistical Market (MSA). Office: Buildings 20,000 square feet (sf ) in size and greater within Anne Arundel County, Baltimore City (excluding owner occupied government or medical buildings), Baltimore County, Howard County, Harford County, and buildings Class A and B within the Annapolis city limits. Industrial and flex buildings greater than 10,000 sf. Retail: Buildings in Baltimore City and Metro areas within the surrounding counties 5,000 sf in size and greater.