Towson Industrial

Towson

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,820
As of: July 22, 2017

Towson Rates

On average, listings lease in the $20's per square foot per year. The Towson region is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% rise 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 region.

Towson Listing Supply

In the last 90 days, 38 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 58% of the office spaces in the Towson are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,820 sqft. Most properties in this area are close to 4 floors. Most buildings in this market 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