CBRE just landed the kind of industrial assignment that turns heads along I-95. The brokerage has been named the exclusive leasing agent for Maryland 95 at Dorsey Run, a 250-acre logistics park in Elkridge that could ultimately deliver about 1.9 million square feet of warehouse and distribution space, according to ConnectCRE. The owner is planning a phased redevelopment along Dorsey Run Road, with initial buildings expected to come online in 2027, making it one of the largest speculative logistics plays to hit the Baltimore–Washington I-95 corridor in years.
CBRE’s Michael Elardo, Jared Ross, and Ed Harris will market the park on behalf of the ownership, and Elardo is framing the assignment as a generational-scale project.
Project details and timeline
The site is listed by CBRE as a 250-acre, master-planned industrial park at 7120 Dorsey Run Road, offering buildable modules that range from roughly 140,800 square feet to larger multi-building campuses. Marketing materials outline a plan for up to seven buildings across four phases, positioning the project to roll out over time rather than flooding the market all at once.
A listing for 7120 Dorsey Run Road on LoopNet spotlights the first speculative building at about 245,200 square feet, with 36-foot clear heights, ESFR sprinklers, and abundant trailer parking, and notes that tenants may qualify for enterprise-zone incentives.
Why this matters for the I-95 corridor
The timing is bold. The Baltimore industrial market is still digesting a wave of recent warehouse deliveries, a supply surge that has softened demand and nudged vacancy higher. CBRE data showed occupancy losses in Q1 2026 that pushed vacancy toward the high single digits, underscoring how competitive the landscape will be for new speculative space along the corridor.
Local incentives and jobs
Maryland 95 sits inside Howard County’s newly established enterprise zone, which can offer property tax credits and hiring incentives aimed at attracting distribution and manufacturing employers. State and county officials have pointed to the Eastern Howard County Enterprise Zone in recent announcements about new operations and job creation along the Dorsey Run corridor, according to a state press release (Governor of Maryland).
What’s next
CBRE is now actively marketing both build-to-suit and speculative options at Maryland 95. The firm’s materials promote availabilities starting around 140,800 square feet and scaling up to the park’s full potential of roughly 1.9 million square feet. Prospective tenants and brokers are being directed to contact Michael Elardo, Jared Ross, or Ed Harris through CBRE for details as the ownership team advances the multi-phase development.
