Central Baltimore Industrial Space

Central Baltimore

Market Report

Number of Listings
Posted in the last 90 days
50
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,060

Central Baltimore Rates

Most listings are in the $20's per square foot per year. The Central Baltimore submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 30% decline in rent.

Compared to the rest of the Greater Baltimore market, the Central Baltimore submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Central Baltimore Listing Supply

In the last 90 days, 526 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available space in the Central Baltimore are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this region were built in 1925 and are Class A.

Central Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Baltimore occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central Baltimore.
Research