100-Acres of Property Available at the North Locust Point Marine Terminal
Maryland Department of Transportation’s Port Administration (MPA) has put out a Request for Information (RFI) for approximately 100 acres of available real estate at the North Locust Point Marine Terminal (NLP), which is part of the Port of Baltimore. The property is along the Inner Harbor, stretching from Hull St. to the west and Wallace St. to the east.
In the RFI MPA says, “The Port of Baltimore is interested in seeking out parties interested in terminal property. Certain infrastructure needs will need to be addressed.”
It also says:
NLP terminal also utilizes the International Longshoreman Association for vessel and terminal labor needs. The MPA seeks to expand the scope of cargo currently handled at the terminal which may include non-traditional cargos. The facility use must remain maritime industrial in use.
This RFI is intended to identify the market of candidates interested in the property who have the capability to invest financially solely or through a partnership or joint venture.
The Facility has 25 +/- acres of open uncovered paved land for bulk storage with direct rail access by CSXT. The Facility is fully leased with the longest lease lasting through 2032. Bulk liquid storage facility: It has one marine berth with a draft of 32 ft. Its rail capabilities include 22 storage spots and 15 loading spots. Truck capabilities include two loading bays and two loading scales.
Five finger piers include a 45-long-ton (45.7 mt) container crane coupled with on-dock rail access:
Pier 3 316,876 SF Pier 4/5 452,208 SF Pier 6 175,750 SF Pier 8 63,650 SF Pier 10 9,905 SF Buildings located at the Facility:
Building Size Type Maintenance Building 8,750 SF Building Firestone Building 30,065 SF Building International Seafarers Center 2,200 SF Building MPA Police Building 2,400 SF Building Gear Shed 13,600 SF Shed Pier 3 Transit Shed 227,894 SF Shed Pier 4/5 Transit Shed 198,754 SF Shed Gatehouse 60 SF Booth ENNAR 12,662 SF Building Major Leases at the Facility:
Tenant Expiration Year Location Contanda Terminals 2032 Liquid Bulk Storage Facility Maryland Maritime 2029 Pier 8 Project Stevedoring 2025 Pier 4/5 & 17 acres TCSC 2024 Reciprocity Docking Agreement at Pier 4/5 Infrastructure Needs:
There are certain areas of the Facility that will need an infrastructure investment prior to use. These areas include Piers 3 and 6, including the Transit Shed on Pier 3. The Maintenance Building and the Firestone Building are currently vacant and eligible for demolition.
Site Characteristic:
Strategically located in the Mid-Atlantic region of the U.S. east coast, Baltimore sits in the center of the enormous Washington/Baltimore Common Market. This inland location makes it the closest Atlantic port to major Midwestern population and manufacturing centers and a day’s reach to 1/3 of U.S. households. The port provides immediate access to the 6.8 million people in the thriving Washington/Baltimore region, the nation’s fourth largest and one of the wealthiest consumer markets in the U.S. The region is also among the country’s wealthiest. Maryland has the highest household income in the nation.
Responses must be submitted to MPA by June 15th.
Gold and Company’s Jim Chivers, who is active in South Baltimore’s industrial real estate sector, said this site may be of interest to auto importers. He noted the success of the auto import industry at the Fairfield Marine Terminal and Dundalk Marine Terminal, and said, “Locust Point maybe be able to offer the same on this side of the harbor.”
Image from Maryland Department of Transportation’s Port Administration
About the Author: Kevin Lynch
Founder and Publisher of SouthBmore.com, longtime resident of South Baltimore, and a graduate of Towson University. Diehard Ravens and O's fan, father of three, amateur pizza chef, skateboarder, and "bar food" foodie. Email me at Kevin@InceptMM.com and follow me on Twitter at @SoBoKevin.
