Baltimore Industrial

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,800
As of: July 23, 2017

Baltimore Rates

The typical asking rate per listing is in the $30's per square foot per year. The Baltimore region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Greater Baltimore market, the Baltimore submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Baltimore Listing Supply

In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 108% of the listings in the Baltimore are subleases, so you might be able to snag a great spot on a short term. 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 4,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market 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