Owen Brown Retail

Owen Brown

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,170
As of: August 18, 2017

Owen Brown Rates

On average, listings lease in the $20's per square foot per year. The Owen Brown region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Greater Baltimore market, the Owen Brown submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Owen Brown Listing Supply

In the last 90 days, 11 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 55% of the available space in the Owen Brown 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.

The standard measurement for office space in this area is around 2,480 sqft. Most properties in this market are close to 3 stories. Most buildings in this region 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 area. 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.

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