In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Maryland: 31,032,667 Sq. Ft.
In Maryland, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 4,304,736 square feet of office space in Maryland is rated Class A. Office space rated Class B amount to 21,713,690 square feet.
Maryland Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
8,485,123 Sq. Ft. |
27.34% |
| 100k to 500k Sq. Ft. |
14,421,672 Sq. Ft. |
46.47% |
| 500k to 1M Sq. Ft. |
2,120,000 Sq. Ft. |
6.83% |
| > 1M Sq. Ft. |
1,200,000 Sq. Ft. |
3.87% |
Maryland Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
4,304,736 Sq. Ft. |
13.87% |
| Class B |
21,713,690 Sq. Ft. |
69.97% |
| Class C |
3,399,019 Sq. Ft. |
10.95% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Maryland: 63,495,732 Sq. Ft.
Maryland is home to an industrial real estate market that encompasses 63,495,732 square feet of space across 126 industrial properties of various use types, sizes, and quality ratings.
Maryland Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
10,379,762 Sq. Ft. |
16.35% |
| 100k to 500k Sq. Ft. |
27,302,085 Sq. Ft. |
43% |
| 500k to 1M Sq. Ft. |
9,814,653 Sq. Ft. |
15.46% |
| > 1M Sq. Ft. |
9,926,232 Sq. Ft. |
15.63% |
Maryland Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
20,764,966 Sq. Ft. |
32.7% |
| Class B |
33,888,182 Sq. Ft. |
53.37% |
| Class C |
2,564,306 Sq. Ft. |
4.04% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Maryland: 24,178,564 Sq. Ft.
The Maryland commercial real estate market includes 155 properties that are dedicated to retail use. The various types of retail space here account for 24,178,564 square feet of commercial property in Maryland.
Maryland Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
4,877,806 Sq. Ft. |
20.17% |
| 100k to 500k Sq. Ft. |
14,235,180 Sq. Ft. |
58.88% |
| 500k to 1M Sq. Ft. |
5,034,921 Sq. Ft. |
20.82% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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