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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Towson region is seeing a decrease in rates. In the last 3 months, the median rate for lease fell $8 per sqft per year.
Compared to the rest of the Greater Baltimore commercial real estate market, the Towson submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 351 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,390 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built around 1976 and are Class B.
Real time and historical data on commercial real estate listings in Towson.
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