Downtown Columbia Retail

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,400
As of: December 2, 2016

Downtown Columbia Rates

On average, listings lease in the $30's per square foot per year. The Downtown Columbia region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Greater Baltimore market, the Downtown Columbia region has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Columbia Listing Supply

In the last 90 days, 19 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,400 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this market were built in 1980 and are Class A.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Downtown Columbia work from home. Commuting around 30 minutes 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 Downtown Columbia.
Market Report

Market Data

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