Baltimore Retail

Baltimore

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,200
As of: March 12, 2017

Baltimore Rates

On average, listings lease in the $20's per square foot per year. The Baltimore region is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% rise in rent.

Compared to the rest of the Greater Baltimore market, the Baltimore submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Baltimore Listing Supply

In the last 90 days, 146 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Baltimore are subleases, so you will probably have to consider a longer term 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 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1960 and are Class A.

Baltimore Community

Market Report

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

Market Data

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