Downtown Columbia Office Space

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Downtown Columbia Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Columbia region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.

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

Downtown Columbia Listing Supply

In the last 90 days, 12 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 5,420 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 5 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 region. Most of the residents 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.