100-Acres of Property Available at the North Locust Point Marine Terminal

| March 16, 2021 | 0 Comments

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.

About the property:
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 3316,876 SFPier 4/5452,208 SF
Pier 6175,750 SFPier 863,650 SF
Pier 109,905 SF

Buildings located at the Facility:

Maintenance Building8,750 SFBuilding
Firestone Building30,065 SFBuilding
International Seafarers Center2,200 SFBuilding
MPA Police Building2,400 SFBuilding
Gear Shed13,600 SFShed
Pier 3 Transit Shed227,894 SFShed
Pier 4/5 Transit Shed198,754 SFShed
Gatehouse60 SFBooth
ENNAR12,662 SFBuilding

Major Leases at the Facility:

TenantExpiration YearLocation
Contanda Terminals2032Liquid Bulk Storage Facility
Maryland Maritime2029Pier 8
Project Stevedoring2025Pier 4/5 & 17 acres
TCSC2024Reciprocity 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 

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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.