Most listings are in the $10's per square foot per year. The Downtown Baltimore region is experiencing a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 38% decline in rent.
Compared to the rest of the Greater Baltimore market, the Downtown Baltimore submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 364 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available space in the Downtown Baltimore are subleases, so you will probably have to consider a longer term lease. 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 3,530 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 7 stories. Most buildings in this market were built in 1929 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Baltimore folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Baltimore.
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