Parole Industrial

Parole

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,930
As of: June 22, 2017

Parole Rates

On average, listings lease in the $30's per square foot per year. The Parole region is seeing a an increase in rates. In the last 3 months, the median rate went up $34 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Parole submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Parole Listing Supply

In the last 90 days, 13 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 162% of the office spaces in the Parole 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 2,930 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1988 and are Class A.

Parole Community

Market Report

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

Market Data

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