Baltimore region?s industrial market posts strong gains in 2007

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The Baltimore region saw significant increases in industrial space absorption in 2007, but the outlook for the local market in 2008 remains uncertain during shaky economic times, analysts say.

The region absorbed about 2.4 million square feet of industrial space in 2007, an increase of more than 650,000 square feet in 2006, according to a report by CB Richard Ellis, a commercial real estate services firm with offices in Baltimore.

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