Greater Baltimore Industrial

Greater Baltimore

Office Space Market Report

Number of Listings (last 90 days)
647
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,750
As of: February 23, 2017

Greater Baltimore Rates

Most listings are in the $20's per square foot per year. The Greater Baltimore region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% 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 submarket.

Greater Baltimore Listing Supply

In the last 90 days, 668 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Greater Baltimore are subleases, so you will probably have to consider a longer term lease. 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 2,750 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.

Greater Baltimore Community

Market Report

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

Market Data

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