Northern Baltimore Office Space

Northern Baltimore

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,150
As of: December 10, 2016

Northern Baltimore Rates

On average, listings lease in the $30's per square foot per year. The Northern Baltimore submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the Greater Baltimore market, the Northern Baltimore region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Northern Baltimore Listing Supply

In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,180 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1928 and are Class C.

Northern Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Northern Baltimore occupants. Commuting close to 20 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 Northern Baltimore.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northern Baltimore.
Research