Central Baltimore Sublease

Central Baltimore

Office Space Market Report

Number of Listings (last 90 days)
82
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
6,650
As of: June 27, 2017

Central Baltimore Rates

On average, listings lease in the $30's per square foot per year. The Central Baltimore region is experiencing a an increase in rates. In the last 3 months, the median rate went up $31 per sqft per year.

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

Central Baltimore Listing Supply

In the last 90 days, 82 listings have come on the market, so you'll want to check back regularly for new listings. About 154% of the listings in the Central Baltimore are subleases, so you might be able to snag a great spot on a short term. 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 6,650 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this region were built in 1925 and are Class A.

Central Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Baltimore folk. Commuting approximately an hour 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 Central Baltimore.
Market Report

Market Data

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