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Michael-Elardo-1

Michael Elardo

Senior Vice President

Industrial & Logistics

Michael Elardo Senior Vice President
Industrial & Logistics
Baltimore 100 East Pratt Street
Suite 1700
Baltimore, MD 21202

Professional Experience


As a Senior Vice President at CBRE, Michael Elardo specializes in the leasing and sale of industrial properties in the Baltimore-Washington Corridor. With over 34 years of experience, Michael has represented many major occupiers in the region as well as most institutional owners in the market including Prologis, Prudential Global Investment Management (PGIM), Link Industrial (Blackstone), Invesco, High Street Logistics and Mapletree.

In 2019, Michael was recognized among the top 20% producers in the firm. During his career, he has conducted over 40 million square feet in transactions totaling over $3.5 billion in value. His most notable transactions have involved Coca Cola, Oceaneering International, Giant/Ahold, Sherwin Williams, Kuehne & Nagel, Elite Spice, Sun Products, Prime Source Building Products and B&E Storage.

In his personal life, Michael is active in the mission efforts at the Church of the Nativity in Timonium, Maryland. He has coordinated with the Appalachia Service Project in Brenton, West Virginia, preparing and leading multiple teams who traveled to the Appalachia region to build relationships and improve living conditions. He has also devoted significant time to mentoring young real estate professionals. When not engaged in real estate consulting, Michael enjoys dining out with his wife, fly fishing for trout throughout the Mid-Atlantic, saltwater fishing on the Gulf Coast of Florida and bird hunting.


Significant Assignments


  • Sun Products | Baltimore| 850K SF
  • Giant/Ahold | Jessup | 750K SF
  • Kuehne & Nagel | Aberdeen| 650K SF
  • Confidential Defense Contractor | Elkridge | 600K SF
  • Elite Spice| Hanover/Elkridge | 500K SF
  • B&E Storage | Baltimore | 300K SF
  • Mars Supermarkets | Baltimore | 287K SF
  • Coca Cola | Hanover | 276K SF
  • Sherwin Williams | Beltsville | 250K SF
  • Prime Source Building Products | Aberdeen | 250K SF
  • Delsey Luggage | Hanover | 186K SF
  • Oceaneering International | Hanover | 300K SF
  • AlbanCat | Baltimore | 200K SF
  • Titan Steel | Baltimore | 150K SF
  • Dealer Tire | Elkridge | 114K SF
  • Lindenmyer Munroe | Hanover | 105K SF

 

Achievements


  • CBRE top 20% producer nationally across all service lines (2019)
  • Perennial CoStar Power Broker recognition

Education


  • Bachelor of Arts, Communications, Towson University, Towson, MD

Clients


  • AEW
  • Cabot Industrial
  • High Street Logistics Properties
  • Industrial Property Trust
  • Invesco
  • Kenwood Management
  • Link Industrial (Blackstone)
  • Nuveen Real Estate
  • Prologis
  • Prudential Global Investment Management (PGIM)
Michael Elardo Senior Vice President
Industrial & Logistics
Baltimore 100 East Pratt Street
Suite 1700
Baltimore, MD 21202