Jessup Office Space

Jessup

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
29,000
As of: March 12, 2017

Jessup Rates

On average, listings lease in the $40's per square foot per year. The Jessup region is experiencing a a rise in rates. In the last 3 months, the median rate increased $42 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Jessup submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Jessup Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Jessup 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.

Even though the median size is 29,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this market were built in 2013 and are Class A.

Jessup Community

Market Report

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

Market Data

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