Marcus & Millichap Brokers Sale of $10M Baltimore Industrial Property

Why this matters

Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Baltimore office bidding has been concentrated in deeply repriced trophy product. Healthcare and port-logistics industrial continue to attract value-add capital. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.

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On the RET wire

• The second Baltimore story tracked on the wire in September 2026. All Baltimore coverage →
• Disclosed industrial deal value tracked in September 2026: $5.3B across 43 reported transactions. All Industrial coverage →
• 138 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →

Computed from Real Estate Trail’s own tracked coverage

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