Downtown Columbia Retail

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,350
As of: January 16, 2017

Downtown Columbia Rates

Most listings are in the $30's per square foot per year. The Downtown Columbia region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the Greater Baltimore market, the Downtown Columbia region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Columbia Listing Supply

In the last 90 days, 8 listings have been made available, which means new listings 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.

The standard measurement for office space in this area is around 2,350 sqft. Most properties in this market are close to 5 floors. Most buildings in this region 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 market. Most of the residents of Downtown Columbia work from home. Commuting approximately 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