With a population of approximately 2.7 Million, the Baltimore Metropolitan region is the 20th largest in the country. Home to the 2nd largest port in the Mid-Atlantic, a wide-range of industries comprise Baltimore’s local economy including manufacturing, logistics, healthcare, technology, and insurance. Baltimore’s commercial real estate market includes 133 Million square feet of office space and 226 Million square feet of industrial and flex making it the 19th largest commercial market nationwide.
The Inner Harbor area has seen a significant revitalization in the past decade with former industrial areas being converted into mixed-use developments, and large corporations like Under Armor establishing headquarters along the harbor. Suburban markets north and south of the city have benefited greatly from BRAC, driving space demand from government contractors near Aberdeen Proving Grounds and Fort Meade.
Cresa is an international corporate real estate advisory firm that exclusively represents Tenants, the only firm of its kind located in Baltimore. As professional real estate advisors, we are passionate about understanding the needs of our clients and strive to deliver exceptional service for the long term. We collaborate with clients to provide service-oriented rather than transaction-oriented counsel.
By choosing to represent the interests of Tenants alone, Cresa avoids conflicts of interest. Led by principals with a combined 60+ years of Tenant representation experience in the real estate industry specific to the region, Cresa Baltimore has a proven track record of providing long-term business planning solutions which meets their clients real estate strategic needs and ultimately saves their clients’ money.
Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.
Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused.
We are guided by the concept, “Do the Right Thing,” both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.
Welcome to Cresa's Lease Audit Division, the Washington, DC region’s leader in operating expense and real estate tax pass-through reviews. We specialize in thoroughly examining our clients' lease documents to assure that their lease and accompanying pass-through expenses are being properly administered by the landlord. In our experience, we find that a majority of landlord pass-through statements require further review, and half the time our closer look results in savings for our clients. Please contact us to learn more on how our success has saved our clients millions of dollars in the past few months alone.
Why do a "desktop" audit?
Contact our Lease Audit Services for more information.
Senior Vice President
Andrew J. Board
Cresa Baltimore's Dan Shapiro (left) and Rich Rhodes (end-right) with EA Engineering's Peter Ney, Ian MacFarlane and Mike Battle.