Owen Brown Office Space

Owen Brown

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
6,990
As of: December 9, 2016

Owen Brown Rates

Most listings are in the $30's per square foot per year. The Owen Brown region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Greater Baltimore market, the Owen Brown region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Owen Brown Listing Supply

In the last 90 days, 7 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces in the Owen Brown 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 6,990 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1986 and are Class B.

Owen Brown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Owen Brown residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Owen Brown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Owen Brown.
Research