Baltimore Office Space

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,200
As of: March 12, 2017

Baltimore Rates

On average, listings lease in the $20's per square foot per year. The Baltimore region is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 10% increase in rent.

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

Baltimore Listing Supply

In the last 90 days, 146 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available leases in the Baltimore are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1960 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