On average, listings lease in the $20's per square foot per year. The Greater Baltimore region is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Greater Baltimore market, the Greater Baltimore region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5810 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available space in the Greater 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1983 and are Class B.
Real time and historical data on commercial real estate listings in Greater Baltimore.
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