Silver Spring Industrial

Silver Spring

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
3,830
As of: June 27, 2017

Silver Spring Rates

Most listings are in the $30's per square foot per year. The Silver Spring region is seeing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year.

Compared to the rest of the Washington D.C. market, the Silver Spring region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Silver Spring Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 750% of the available leases in the Silver Spring are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,830 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 9 stories. Most buildings in this region were built in 1976 and are Class A.

Silver Spring Community

Market Report

Trends and status of the commercial real estate market in Silver Spring.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Silver Spring.
Research