At Willowbrook Valuation, we have extensive experience working with clients throughout the mid-Atlantic region. This gives us an edge when it comes to detecting new developments as they start brewing. As such, we’ve decided to start a new blog series in 2022 focusing on the hottest activity in the areas we service. To kick things off, let’s observe real estate activity in Eastern Baltimore County.
Multi-Family Housing in Eastern Baltimore County
The population of Eastern Baltimore County towns like White Marsh is growing for a few reasons. For starters, it is a designated county Town Center situated just northeast of Baltimore city. That means that residents looking to live outside of the city only need to take a short drive north on I-95 to be exposed to towns with good schools, solid public transportation, and plenty of places to shop. Conversely [I think this is “moreover” rather than “conversely”], those who work in the city and would prefer to live just outside of it could also find Eastern Baltimore County to be a suitable location. For this reason, we expect the appeal for competitively price multi-family housing opportunities to remain high throughout the course of 2022.
Commercial Real Estate Opportunities in White Marsh, MD
White Marsh, MD is known for its several major shopping areas, including one of the largest regional malls in the Baltimore area, known as the White Marsh Mall. Businesses have found great success in White Marsh, making it a promising opportunity for retailers, restaurants, entertainment venues, locally owned businesses, and chains, such as on The Avenue at White Marsh.
Warehousing in Sparrows Point, MD
Back during the shutdown of 2020, we published a blog post outlining how warehousing effectively rose to be the shining star of commercial real estate. In 2022, that still holds true. Since publishing that blog post, the success of warehousing locations throughout Sparrows Point (now branded as Tradepoint Atlantic) has only improved. Major companies such as Perdue, Amazon, Home Depot, and Under Armour had already established distribution facilities situated adjacent to the Chesapeake Bay in this large redevelopment. Amazon has steadily acquired more land on the peninsula, and McCormick is expected to have completed construction of its largest distribution facility by the end of 2022.
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