{
  "url": "https://classa.info/cities/baltimore",
  "title": "Baltimore Class A Office Market",
  "description": "Healthcare and federal-services hub with a reborn Harbor East trophy core.",
  "oneSentenceAnswer": "Baltimore Class A office rents around $30/sqft/yr, with 21.4% vacancy and 14 months of typical rent-free on a 10-year term.",
  "tldr": [
    "Johns Hopkins Medicine and University anchor the metro's principal demand engine.",
    "Harbor East is the post-2010 trophy submarket — Legg Mason Tower, Marriott Waterfront, Four Seasons.",
    "Federal services (SSA, NSA, CMS) anchor structural government tenancy.",
    "Legacy CBD vacancy north of 22% — significant adaptive reuse pipeline."
  ],
  "keyFacts": {
    "city": "Baltimore",
    "country": "United States",
    "region": "Americas",
    "classARentLocal": "$30/sqft/yr",
    "classARentUsd": "$30/sqft/yr",
    "vacancyPct": "21.4%",
    "typicalLeaseYears": 10,
    "typicalRentFreeMonths": 14,
    "submarkets": 5,
    "corporateTaxPct": "27.8%",
    "talentIndex": 76
  },
  "faqs": [
    {
      "question": "What is Harbor East's role?",
      "answer": "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."
    },
    {
      "question": "How is the legacy CBD recovering?",
      "answer": "Slowly. Significant adaptive reuse and conversion is in early stages along Calvert Street and Charles Street, but absorption recovery is unlikely before 2027."
    },
    {
      "question": "What is Johns Hopkins's impact on the office market?",
      "answer": "Material. JH Medicine, JH University, and APL anchor structural healthcare and research demand across multiple submarkets — Eastern Campus, Bayview, and APL Laurel."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/baltimore), updated 2026-04-15T00:00:00.000Z."
}