Owen Brown Office Space

Owen Brown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
17,800
As of: February 26, 2017

Owen Brown Rates

On average, listings lease in the $20's per square foot per year. The Owen Brown region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Greater Baltimore market, the Owen Brown region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Owen Brown Listing Supply

In the last 90 days, 3 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 17,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market 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 occupants. Commuting close to 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