Baltimore Industrial

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
138
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,680
As of: February 22, 2017

Baltimore Rates

Most listings are in the $30's per square foot per year. The Baltimore region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Greater Baltimore market, the Baltimore submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Baltimore Listing Supply

In the last 90 days, 140 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Baltimore are subleases, so you will probably have to focus your search on direct office leases. 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 3,680 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1961 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