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Michael Elardo

Executive Vice President

Photo of michael-elardo

Contact

  • Phone +1 410 244 3128
  • Mobile +1 410 952 0680
  • Email
  • Contact Card
  • Print

Professional Experience

Find Your Perfect Space


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Associated Office

Location

1001 Fleet St.
Suite 800
Baltimore, MD 21202

Get Directions
Contact
  • +1 410 244 7100
  • +1 410 244 3101
As a Executive Vice President at CBRE, Michael Elardo specializes in the leasing and sale of industrial properties in the Baltimore-Washington Corridor and Prince George’s County. With over 35 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, Clarion, MRP Industrial and Nuveen.

Michael was recognized among the top 10% of producers in the firm in 2020—and among the top 20% in 2019 and 2021. During his career, he has conducted over 70 million square feet in transactions totaling over $5 billion in value. His most notable transactions have involved 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 has been active in the mission efforts at the Church of the Nativity in Timonium, Maryland, leading multiple teams which traveled to the Appalachia region of West Virginia to build relationships and improve living conditions. Throughout his career, Michael 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.

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

  • CBRE top 10% producer nationally across all service lines (2019)
  • CBRE top 20% producer national across all service lines (2019, 2021)
  • Perennial CoStar Power Broker recognition

  • Sun Products
    Baltimore
    850K
  • Giant/Ahold
    Jessup
    750K
  • Kuehne & Nagel
    Aberdeen
    650K
  • Elite Spice
    Hanover/Elkridge
    500K
  • B&E Storage
    Baltimore
    300K
  • Delsey Luggage
    Hanover
    300K
  • Coca Cola Bottling Group
    Hanover
    291K
  • Mars Supermarkets
    Baltimore
    287K
  • Coca Cola
    Hanover
    276K
  • Sherwin Williams
    Beltsville
    250K
  • Prime Source Building Products
    Aberdeen
    250K
  • LB&B Associates
    Raleigh
    204K
  • AlbanCat
    Baltimore
    200K
  • Carrier
    Hanover
    180K
  • Emergent BioSolutions
    Elkridge
    117K
  • Dealer Tire
    Elkdridge
    114K
  • Ross Dress For Less
    Columbia
    112K
  • Newgistics
    Odenton
    106K
  • Lindenmyer Munroe
    Hanover
    105K
  • Titan Steel
    Baltimore
    102K

  • Cabot Industrial
  • CLARION
  • High Street Logistics Properties
  • Black Creek Industrial
  • Invesco
  • Kenwood Management
  • Link Logistic Properties
  • MRP Industrial
  • Nuveen Real Estate
  • Prologis
  • Prudential Global Investment Management (PGIM)

Team Overview

Available Properties

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Our team enables us to bring on board the best professionals suited for a project regardless of location. We work with each client to assemble a team with the proven experience, knowledge and background required to meet client objectives.

CBRE’s Baltimore-Washington Industrial Properties group is the leading service provider for industrial and logistics occupiers, institutional owners and investors from Baltimore to Washington. The team executes a full range of services including the leasing and sales of industrial properties and successfully leverages CBRE’s Global and National Platform to maximize the value and minimize the risk for their client’s investments.

Consisting of 6 team members with over 100 years of combined experience the team has a unified focus to drive superior outcomes for their clients many of which are Fortune 500 companies.

Landlord Representation

Atapco Properties logo
Cabot
Clarion Partners logo
dws
High Street Logistics Properties logo
invesco
Kenwood Management Company logo
Link logo
Mapletree logo
PGIM logo
prologis
TSC Realty Services, LLC logo
State Teachers Retirement System of Ohio

Tenant Representation

Airboss Defense Group logo
Apollo Retail Specialists logo
Delsey logo
DHL logo
Emergent Biosolutions logo
Intralox logo
TJ Maxx logo

2021 Statistics

  • 10.3M

    SF Total

  • 3.15

    Deals Per Week

  • 164

    Transactions

  • $671M

    Transaction Value

Significant Assignments

Aerial view of City Logistics logistics centerNew Class A Warehouse Development
350,000 SF - 2 bldgs
Baltimore City

Rendering of the exterior of Southside Logistics center New Class A Warehouse Development
580,750 SF - 3 bldgs
Baltimore City

Aerial view of land with 7090 Troy Hill outlined Class A Warehouse
45,786 SF
Elkridge, MD

Exterior of 7091 Troy Hill industrial center Class A Warehouse
99,904 SF
BW Corridor

Exterior of loading docks at Elion logistics Center New Class A Warehouse - Under Construction
801,240 SF
Prince George's County

Rendering of the exterior of the Washington East Logistics Center New Class A Warehouse Development
102,377 SF
Prince George's County

My Team

  • Michael Roden

    Vice Chairman

    Photo of Michael Roden
    • Phone +1 410 244 3125
    • Email
    View Profile
  • Ed Harris

    Executive Vice President

    Photo of Ed Harris
    • Phone +1 410 244 3149
    • Email
    View Profile
  • Jared Ross

    First Vice President

    Photo of Jared Ross
    • Phone +1 410 244 3136
    • Email
    View Profile
  • Kevin O'Neil

    First Vice President

    Photo of Kevin O'Neil
    • Phone +1 410 951 8407
    • Email
    View Profile
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