Cushman & Wakefield announced the release of the 2016 2Q Baltimore Office and Industrial Marketbeat Snapshots. The Baltimore metropolitan office market finished the second quarter of 2016 with almost 11.5 million square feet of vacant space and a 14.6% vacancy rate. The Baltimore metropolitan industrial market experienced approximately 654,000 square feet of net positive absorption in the second quarter of 2016, raising the annual total net absorption to 2.26 million square feet.
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Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWakeon Twitter.
