Most listings are in the $30's per square foot per year. The Central Baltimore region is experiencing a a rise in rates. In the last 3 months, the median rate rose $31 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Central Baltimore region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 156% of the listings in the Central Baltimore 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this region were built in 1925 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Baltimore occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.