On average, listings lease in the $20's per square foot per year. The Towson submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Greater Baltimore market, the Towson submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 38 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available space in the Towson 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 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 1,820 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 1977 and are Class B.