On average, listings lease in the $20's per square foot per year. The Towson submarket 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 Towson submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 351 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Towson are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1977 and are Class B.
Real time and historical data on commercial real estate listings in Towson.
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