Downtown Baltimore Sublease

Downtown Baltimore

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
6,650
As of: June 25, 2017

Downtown Baltimore Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Baltimore submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $31 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Downtown Baltimore submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Downtown Baltimore Listing Supply

In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 192% of the listings in the Downtown Baltimore are subleases, so you might be able to find a shorter term or below market rent. 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 leases below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this area were built in 1929 and are Class A.

Downtown Baltimore Community

A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Baltimore folk. Commuting close to 20 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 Baltimore.
Market Report

Market Data

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