Figures

Baltimore Industrial Figures Q3 2026

September 30, 2026 10 Minute Read

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The Baltimore industrial market posted strong market fundamentals in Q3 2026 as the market settles into a new normal following the peak in 2022. Gross leasing was healthy, recording 11 deals over 100,000 sq ft. Net absorption totaled nearly 1.1 million sq. ft., marking the second quarter of occupancy gains following large occupancy losses in Q1 2026. The strong positive absorption seen during the third quarter pushed vacancy down 40 basis points, despite two buildings delivering vacant in the Baltimore/Washington Corridor.