Central Baltimore Retail

Central Baltimore

Office Space Market Report

Number of Listings (last 90 days)
82
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
6,650
As of: June 23, 2017

Central Baltimore Rates

Most listings are in the $30's per square foot per year. The Central Baltimore region is experiencing a a rise in rates. In the last 3 months, the median rate rose $31 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Central Baltimore region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Central Baltimore Listing Supply

In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 156% of the listings in the Central Baltimore 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 6,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this region were built in 1925 and are Class A.

Central Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Baltimore occupants. Commuting approximately an hour 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 Central Baltimore.
Market Report

Market Data

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