Report | Baltimore Office Insight - Q3 2016
Baltimore's development pipeline is ready to churn once again, with 1.9 million square feet of property scheduled to hit the market that will ease a crunch for space.
Throughout 2016, tight supply's led to landlord favorable market conditions that have contributed to a spike in rental rates. In Q3 alone, inventory fell by more than 424,000 square feet due to residential conversions in the CBD and suburban owner/user sales.
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