Owings Mills Industrial

Owings Mills

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
7,150
As of: March 29, 2017

Owings Mills Rates

On average, listings lease in the $10's per square foot per year. The Owings Mills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Owings Mills submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Owings Mills Listing Supply

In the last 90 days, 7 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Owings Mills are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 7,150 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1990 and are Class A.

Owings Mills Community

Market Report

Trends and status of the commercial real estate market in Owings Mills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Owings Mills.
Research