On average, listings lease in the $20's per square foot per year. The Towson region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Greater Baltimore market, the Towson submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 39 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,080 sqft. Most properties in this region are close to 5 stories. Most buildings in this market were built in 1977 and are Class B.