# Baltimore Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/baltimore
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### 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.

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Citation: Source: Class A Atlas (https://classa.info/cities/baltimore), updated 2026-04-15T00:00:00.000Z.