Towson Industrial

Towson

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,740
As of: August 20, 2017

Towson Rates

On average, listings lease in the $20's per square foot per year. The Towson submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Greater Baltimore market, the Towson region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Towson Listing Supply

In the last 90 days, 38 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 58% of the listings in the Towson are subleases, so you might be able to snag a great spot on a short term. 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 1,740 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1977 and are Class B.

Towson Community

Market Report

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

Market Data

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