Jessup Industrial

Jessup

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
29,000
As of: March 12, 2017

Jessup Rates

On average, listings lease in the $40's per square foot per year. The Jessup submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $42 per sqft per year.

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

Jessup Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Jessup 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 29,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 2013 and are Class A.

Jessup Community

Market Report

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

Market Data

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