Thursday, January 16, 2014

Baltimore's crowded industrial market is pushing developers to Prince George's County

 
Staff Reporter- Baltimore Business Journal
The Baltimore region is so tight on industrial real estate, developers have started eyeing sites in Prince George’s County for new warehouses.

Jones Lang LaSalle Americas Inc. and Colliers International Baltimore both have identified Prince George’s as a likely target for industrial growth given what Colliers called “an alarming lack of space” in the Baltimore market.

Prince George’s “remains an important and strategic location” for Baltimore,” Colliers wrote, with more than 21.4 million square feet of industrial space, 14.7 percent of which is vacant.

 Read full article here from Baltimore Business Journal

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