On average, listings lease in the $20's per square foot per year. The Greater Baltimore submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Greater Baltimore region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5810 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available leases in the Greater Baltimore are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,550 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area 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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