On average, listings lease in the $30's per square foot per year. The Elkhorn Landing submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Greater Baltimore market, the Elkhorn Landing region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,370 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1983 and are Class A.