Southwestern Baltimore Industrial

Southwestern Baltimore

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
140
As of: June 28, 2017

Southwestern Baltimore Rates

Most listings are in the $70's per square foot per year. The Southwestern Baltimore region is going through a a rise in rates. In the last 3 months, the median rate went up $79 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Southwestern Baltimore region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Southwestern Baltimore Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the listings in the Southwestern 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 140 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1972 and are Class B.

Southwestern Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Southwestern Baltimore occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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