On average, listings lease in the $30's per square foot per year. The Parole region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Greater Baltimore market, the Parole region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Parole 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,410 sqft. Most properties in this area are close to 4 floors. Most buildings in this region were built in 1988 and are Class A.