Quick reference: Baltimore Class A rent is 30 USD/sqft ($30 USD), typical term 10 years, 14 months free.
Class A rent: 30 USD/sqft/yr ($30 USD).
Typical term: 10 years.
Typical rent-free: 14 months.
Vacancy: 21.4%.
Baltimore Class A office: frequently asked questions
Quick reference: Baltimore Class A rent is 30 USD/sqft ($30 USD), typical term 10 years, 14 months free.
TL;DR
Class A rent: 30 USD/sqft/yr ($30 USD).
Typical term: 10 years.
Typical rent-free: 14 months.
Vacancy: 21.4%.
Quick reference
Use this page as the fast-answer reference for Baltimore. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Baltimore
country
United States
region
Americas
classARentLocal
30 USD/sqft/yr
classARentUsd
$30/sqft/yr
vacancy
21.4%
typicalLeaseYears
10
typicalRentFreeMonths
14
submarkets
5
primeYieldPct
7.2%
Frequently asked questions
What is Harbor East's role?
Harbor East is Baltimore's principal post-2010 trophy submarket — Legg Mason Tower, Four Seasons, and Marriott Waterfront anchor a deep mixed-use Class A cluster on the Inner Harbor's eastern edge.
How is the legacy CBD recovering?
Slowly. Significant adaptive reuse and conversion is in early stages along Calvert Street and Charles Street, but absorption recovery is unlikely before 2027.
What is Johns Hopkins's impact on the office market?
Material. JH Medicine, JH University, and APL anchor structural healthcare and research demand across multiple submarkets — Eastern Campus, Bayview, and APL Laurel.