Most listings are in the $30's per square foot per year. The Downtown Columbia submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Greater Baltimore market, the Downtown Columbia region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1980 and are Class A.
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 market. Most of the occupants of Downtown Columbia work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.