Publication

Baltimore Q2 2024 Market Report

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MARKET TRENDS

  • Baltimore's leasing activity fell below the five-year average, with no deals in Q2 exceeding the 100,000 square-foot mark as tenants continue to reassess the size of their footprint.
  • With a year-over-year increase of 100 basis points in Q2, the availability rate of 18.3% sits at a record high, giving ample space opportunities for tenants considering relocation.
  • As many companies reevaluate their office space requirements, they will continue to base their real estate decisions on return to office policies and workforce planning

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