Bottom of Text Wrap is Incorrect
My body text doesn't wrap tightly to the bottom text wrap of my object like it does at the top (see gap between text wrap and start of body text).
I modified the text leading and baseline grid settings and there's still always an extra gap under the object's defined text wrap area before the text starts UNLESS the object is at the top of the page with no text above it. I'm trying to set up templates with object styles and this inconsistency is making it difficult.
That has to do with your Text leading and baseline grid settings.