Downtown's tenant base is anchored by banking, professional services, government, hospitality hqs, healthcare.

• Tier: established.
• Tenant character: Legacy CBD with adaptive reuse pipeline.
• Average rent: $28/sqft/yr.

TL;DR

• Tier: established.
• Tenant character: Legacy CBD with adaptive reuse pipeline.
• Average rent: $28/sqft/yr.

Who clusters here

Banking, professional services, government, hospitality HQs, healthcare.

What that means for newcomers

Newcomers to Downtown should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Downtown?

Banking, professional services, government, hospitality HQs, healthcare.

Related

• Downtown — submarket overview
• Baltimore — full city profile
• Baltimore submarkets — all
• Downtown — Rents
• Downtown — Transit
• Downtown — Amenity
• Downtown — Buildings

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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