Greater Baltimore Retail

Greater Baltimore

Office Space Market Report

Number of Listings (last 90 days)
591
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,590
As of: March 13, 2017

Greater Baltimore Rates

Most listings are in the $20's per square foot per year. The Greater Baltimore submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Greater Baltimore market, the Greater Baltimore submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Greater Baltimore Listing Supply

In the last 90 days, 591 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Greater Baltimore are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1986 and are Class B.

Greater Baltimore Community

Market Report

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

Market Data

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