Hiring / Jobs

Baltimore tech jobs grew 10 percent over past 2 years: report

Baltimore saw a 10 percent increase in high-tech jobs between 2011 and 2013, outpacing both Philadelphia and Washington, D.C.

Blue skies over Baltimore. (Photo by Flickr user Eric Fidler, used under a Creative Commons license)

Baltimore is holding its own when it comes to adding high-tech jobs, a new report finds.
The CBRE report, released last week, ranked Charm City 15th out of 20 tech-oriented office markets across the U.S.
The report slots Baltimore behind Boston, Seattle and Austin (with San Francisco ranked No. 1), but ahead of Philadelphia, Pittsburgh and Washington, D.C.
Baltimore saw 10 percent growth in high-tech jobs between 2011 and 2013, and a 3.7 percent growth in office rents from the second quarter of 2012 to the second quarter of 2014.
“Within preferred submarkets, which, in many cases, are the neighborhoods of choice for millennials and high-tech companies, vacant space has become increasingly scarce,” Colin Yasukochi, director of research and analysis for CBRE Global Research and Consulting, said in a release. “As a result, nearby submarkets may see increased leasing activity by tech companies.”
The CBRE report found that Baltimore has more than 30,000 high-tech jobs with area rents averaging $25 per square foot, according to the Baltimore Business Journal.

Before you go...

Please consider supporting to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!


Here’s how the global tech outage impacted many of the vital systems across the mid-Atlantic region

This suburban Baltimore tech company played a key role in Apple TV+’s ‘Lady in the Lake’

Ready to start marketing your startup? 3 crucial questions all founders should ask

From Big Tech to a big bank, this leader puts innovation at the forefront of her entire career

Technically Media