Maryland: A Premier Destination for Commercial Real Estate

Maryland is a strategic hub for commercial real estate, offering a dynamic mix of industry clusters, innovative development projects, and a robust economy. Known for its diverse economy, Maryland is home to major industries such as biotechnology, aerospace, and logistics. Its unique positioning along the Eastern Seaboard enhances its appeal to commercial real estate investors and developers.

Economic and Industry Overview

Maryland's economy is driven by a diverse array of industries, with biotechnology, aerospace, and logistics playing pivotal roles. The state is home to leading biotech firms and research institutions, fostering demand for specialized office and lab spaces. Aerospace and defense sectors, supported by proximity to military bases and government agencies, drive the need for industrial and office properties. The logistics industry benefits from Maryland's strategic location, increasing the demand for warehouses and distribution centers.

Regional economic development agencies, like the Maryland Department of Commerce, actively support initiatives to attract new businesses and expand existing ones, contributing to a vibrant commercial real estate market.

Strategic Location and Transportation Infrastructure

Maryland boasts an extensive transportation infrastructure, including major highways like I-95 and I-70, ports such as the Port of Baltimore, and airports like Baltimore/Washington International Thurgood Marshall Airport (BWI). These facilities provide logistical advantages for distribution, access to labor pools, and proximity to major markets along the East Coast.

The state's transportation network is further enhanced by rail lines operated by Amtrak and CSX Transportation, offering robust freight and passenger services.

Commercial Real Estate Inventory & Zoning

Maryland's commercial real estate landscape features several key submarkets, including the Central Business District (CBD) of Baltimore, industrial corridors in Anne Arundel County, and innovation districts in Montgomery County. Key asset classes include industrial, retail, flex, office, and medical spaces. The state's zoning regulations, available through the Maryland Department of Planning, offer incentives for developers, such as tax credits and expedited permitting processes.

Major Employers and Institutions

Top employers in Maryland include Johns Hopkins University, Lockheed Martin, and Under Armour, driving demand for commercial properties. The presence of government agencies and research centers further bolsters the state's CRE market. For a comprehensive list of businesses, visit the Maryland Business Express.

Notable Commercial Developments & Projects

Maryland is home to several large-scale development projects, including mixed-use developments and innovation parks. Noteworthy projects include the Port Covington Redevelopment and the White Flint Redevelopment. These projects often involve public-private partnerships and are located within designated Opportunity Zones.

Building Permits, Planning, and Development Tools

• Maryland Building Code
• Maryland Permit Portal
• Maryland Parcel Viewer
• Maryland Planning Commission
• Maryland Development Code

Market Data & Economic Reports

Access robust market data and economic reports from public sources such as census.gov and Maryland's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market insights. Explore Brevitas-powered dashboards for Maryland here.

Why Use Brevitas for Maryland CRE?

Brevitas offers an advanced platform for CRE professionals, featuring AI-driven discovery, real-time market alerts, and smart property pages. Our platform facilitates dealroom collaboration, auto-generated listing pages, and integration with brokers and developers. Access exclusive listings and premium exposure with Brevitas' unique tools, such as email and landing page tools, to enhance your Maryland CRE strategy.