With a population of about 9.6 million, the expansive Baltimore-Washington, D.C., region is the fourth-largest and one of the most prosperous metropolitan areas in the U.S. It is an important center for logistics and industrial real estate.
Anchored by two large cities—Baltimore and Washington, D.C.— and connected by heavily trafficked Interstate 95 and rail lines, the region is densely populated and filled with multiple residential, retail and business centers. The large presence of government, defense and life sciences provides stability and supports the area’s high incomes. They also contribute to a fast-growing data center presence that buoys land values and rental rates.
The Port of Baltimore, the 13th largest by cargo volume in the U.S., handles more automobiles than any other U.S. port. One-third of the U.S. population can be reached overnight by road from the Port of Baltimore, which offers easier access to the Midwest than any other East Coast port. Consequently, the port is an important center for logistics real estate, and a robust network of industrial warehouses has sprung up to serve the demand it generates.
Prologis has numerous warehouse and industrial real estate properties in the Baltimore-Washington DC region.