Most listings are in the $20's per square foot per year. The Owen Brown region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Owen Brown region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 11 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 64% of the office spaces in the Owen Brown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,480 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1986 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst Owen Brown occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.