Most listings are in the $10's per square foot per year. The Westminster region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Greater Baltimore market, the Westminster submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. About 23% of the office spaces in the Westminster are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 440 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1988 and are Class B.
Real time and historical data on commercial real estate listings in Westminster.
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