Baltimore Office Space

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
6,660
As of: May 19, 2017

Baltimore Rates

Most listings are in the $30's per square foot per year. The Baltimore region is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

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

Baltimore Listing Supply

In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the Baltimore are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,660 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1928 and are Class A.

Baltimore Community

Market Report

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

Market Data

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