Inner Harbor Office Space

Inner Harbor

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
6,990
As of: June 25, 2017

Inner Harbor Rates

Most listings are in the $30's per square foot per year. The Inner Harbor region is going through a an increase in rates. In the last 3 months, the median rate increased $34 per sqft per year.

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

Inner Harbor Listing Supply

In the last 90 days, 28 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Inner Harbor are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,990 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 28 floors. Most buildings in this region were built in 1980 and are Class A.

Inner Harbor Community

Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Inner Harbor folk. 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 Inner Harbor.
Market Report

Market Data

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