JLL Research Manager Patrick Latimer shares insights on gathering data, what numbers are important in assessing the health of the Baltimore area office market, and the sector’s outlook for the rest of 2018.
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The office market north of Lombard Street in downtown Baltimore continues to be plagued by soft leasing activity, according to recent numbers from JLL. The firm’s third-quarter figures show the 17 buildings that make up that submarket were 21.54 percent ...
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The suburban Maryland office market started the year off hot, but slowed in the second quarter of the year, according to a recent report. Newmark Knight Frank’s report of the sector’s performance in the second quarter of 2017 attributes the ...
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Baltimore is seeking a developer for a publicly-owned parcel at 111 S. Hanover St. in one of the city’s hottest corridors for office demand. The Baltimore Development Corp., the quasi-governmental economic development agency, issued the request for proposal on Thursday on ...
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The company now controls 50 percent of office space in the submarket.
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Read More »The Washington, D.C., office market, meanwhile, continues to be hampered by an economy slowed by federal spending cuts.
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Read More »The big office space leases in the Baltimore metro area get the most attention, but small businesses are driving the market.
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The market is being pushed by a surge in tenants renewing leases.
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Read More »Pity Prince George's County. While its neighbors, Anne Arundel and Howard counties, have made great leaps forward in leasing prime office space, Prince George's actually went backwards.
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Read More »The Baltimore-area office market grew slowly in the second quarter of 2014, with bright spots in particular submarkets.
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