Downtown Columbia Office Space

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
11,000
As of: June 22, 2017

Downtown Columbia Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Columbia region is seeing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Downtown Columbia submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Downtown Columbia Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 133% of the office spaces in the Downtown Columbia are subleases, so you might be able to snag a great spot on a short term. 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 11,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1980 and are Class A.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Downtown Columbia work from home. Commuting close to 30 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 Downtown Columbia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Columbia.
Research