BALTIMORE—Area office brokerage firms are in agreement that despite bloated office vacancy rates, the Baltimore regional office market is showing encouraging signs of improvement.
For example, Cushman & Wakefield of Maryland Inc. reports that there was a nearly 28% increase in leasing activity in the region during the third quarter with only Hartford County not posting an increase in leasing volume as compared to last year.
Colliers International Baltimore says there are 150 tenants looking for 3.38 million square feet of office space in the region, according to the Baltimore Business Journal.
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