Baltimore Office Space

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,680
As of: March 1, 2017

Baltimore Rates

The typical asking rate per listing is in the $20's per square foot per year. The Baltimore region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Greater Baltimore market, the Baltimore submarket 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, 134 listings have come on the market, 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 have to consider a longer term lease. 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 3,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region 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