Downtown Columbia Sublease

Downtown Columbia

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Downtown Columbia Rates

On average, listings lease in the $30's per square foot per year. The Downtown Columbia submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decline in rent.

Compared to the rest of the Greater Baltimore market, the Downtown Columbia region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Columbia Listing Supply

In the last 90 days, 12 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 5,420 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 5 stories. Most buildings in this market were built in 1980 and are Class A.

Downtown Columbia Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the residents of Downtown Columbia work from home. Commuting approximately 30 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 Columbia.
Market Report

Market Data

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