Severn Retail

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Severn

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
31,490
As of: December 7, 2016

Severn Rates

Most listings are in the $40's per square foot per year. The Severn region is seeing a an increase in rates. In the last 3 months, the median rate rose $45 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Severn region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Severn Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 31,490 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this region were built in 2015 and are Class A.

Severn Community

Market Report

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

Market Data

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