Fells Point Office Space

Fells Point

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,700
As of: June 25, 2017

Fells Point Rates

On average, listings lease in the $10's per square foot per year. The Fells Point region is going through a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Fells Point region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Fells Point Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the listings in the Fells Point 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.

The standard measurement for office space in this area is around 1,700 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1920 and are Class A.

Fells Point Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Fells Point residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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