Baltimore For Sale

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,920
As of: August 19, 2017

Baltimore Rates

Most listings are in the $20's per square foot per year. The Baltimore region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 23% decline in rent.

Compared to the rest of the Greater Baltimore market, the Baltimore region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Baltimore Listing Supply

In the last 90 days, 146 listings have come on the market, so you'll want to check back regularly for new listings. About 66% of the available space in the Baltimore are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,920 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1927 and are Class A.

Baltimore Community

Market Report

Trends and status of the commercial real estate market in Baltimore.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Baltimore.
Research