Greater Baltimore Retail

Greater Baltimore

Office Space Market Report

Number of Listings (last 90 days)
581
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,090
As of: December 2, 2016

Greater Baltimore Rates

The typical asking rate per listing is in the $20's per square foot per year. The Greater Baltimore region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

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

Greater Baltimore Listing Supply

In the last 90 days, 500 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Greater Baltimore are subleases, so you will probably have to consider a longer term lease. 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 2,760 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region 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