Greater Baltimore Retail

Greater Baltimore

Office Space Market Report

Number of Listings (last 90 days)
591
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
4,220
As of: June 27, 2017

Greater Baltimore Rates

On average, listings lease in the $20's per square foot per year. The Greater Baltimore region is going through a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

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 discounted submarket.

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 135% of the available leases in the Greater 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 4,280 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1983 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