Baltimore Offices

Trying to lease office space in Baltimore, MD can be an easy task for any medical provider, sales rep or lawyer’s office. However, searching and finding the optimum commercial office that fits the needs of your company can be very time consuming. For this reason, all companies should always begin their search for Baltimore commercial office space with Officespaceheaven.com. Baltimore is an independent city and the largest cultural city center of the state of Maryland. The city is located in central Maryland and is near the Patapsco River. The city is sometimes is referred to as Baltimore City in order to separate it from Baltimore County. The city was founded as a major seaport since it was close to midwestern markets and has blossomed into a large force in terms of diverse industries. The population has been estimated recently at 637,455 in the city center and upwards of 2,668,056 in the metropolitan area. Other areas we service in the Baltimore metropolitan area are FORT MEADE -ODENTON, Laurel, PIKESVILLE, Savage, Towson, Pebble and White Marsh. We also offer office space in Washington DC, Richmond and Philadelphia.

Office Space Rates

For business owners or entrepreneurs looking to find good real estate developments, the Baltimore area has been growing by leaps and bounds. There are a lot of different options to take advantage of in the area and there are great prices for all types of office suites and floorplans. Office space in the greater Baltimore area starts at around $1 a square foot for 1,000 square feet with many different amenities and even retail adjacent spaces with large storages areas. Rental rates include those of executive suites, temporary suites and furnished office buildings. The greater Baltimore area has a high office vacancy rate. In fact, a recent news report stated that the commercial real estate market showed about one-fifth of the city’s office space in the city was vacant. In fact, the city has stated that real estate recovery in terms of office space is a long ways off and average rental rates have plummeted which is good for those looking to build or develop a business. Because of this ‘renter’s market’, lease agreements should be negotiated prior to move in. This is a great time for tenants looking to lease Baltimore office space. For more information, see our office space articles.

Baltimore Unemployment

The greater Baltimore area has six Fortune 1000 companies calling it home including Constellation Energy, Grace Chemicals, Black & Decker, Legg Mason, T. Row Price, McCormick & Company, Brown & Sons and others. The city is also home to Johns Hopkins Hospital and has been serving as a major biotechnology hub for many years. The city offers vocations and career paths in all industries from retail, tech to construction and more. There are many options to take advantage of in the Baltimore, Maryland area for any walks of life. With so many different vocations and industries in the area it is interesting to note that the unemployment rate of Baltimore was most recently at 7.6% and has been starting to decline. Businesses that are relocating to the Baltimore area and are trying to lease Baltimore office space will have a good workforce to select from.
The Baltimore area has been plagued by a high crime rate for many years. However, in recent years the rate has started to drop with a lot more focus on the area through concerted law enforcement areas. East Baltimore has been known for the highest crime rates but with a large amount of police involvement the rate is starting to decline steadily, which is in line with a national trend.

Baltimore has a large airport known as Baltimore-Washington International Airport; it services millions of travelers annually as they move through the city and area with relative ease. There have been serious improvements to the airport in line with many others to help keep passengers calm, collected and even entertained while they wait in the airport before reaching their destination. There are many transportation options and shuttles that help make traveling a lot easier for business or personal reasons. Baltimore, Maryland is not only a great place to live but is also a friendly place to start a business. See our website for more info regarding office space in Baltimore. Our service is free and we offer listings for all types of commercial real estate to rent. Take advantage of officespaceheaven.com if you are trying to lease Baltimore office space.