Columbia Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Columbia is $28.90 per square foot, 8.10% higher compared to the previous year.
  • The average sale price for office space in Columbia is $177.40 per square foot, marking an increase of 125.75% compared to 2024.
  • The market’s vacancy rate stands at 14.78%, lower than the state average of Maryland, which is 17.50%.

2025 Office Space Rent & Sales

  • $28.90 2025 Avg. Asking Rent
  • 8.10% Y-o-Y Avg. Asking Rent Change
  • 14.78% 2025 Office Vacancy Rate
  • $85.2M2025 Total Office Sales
  • $177.40Avg. Sale Price/SF

What is the average asking rent price for office space in Columbia?

Average asking rents for office space here stand at $28.90 per square foot. The local office market recorded an average vacancy rate of 14.78% in 2025, unchanged from 14.78% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $85.2M across 7 sales. These transactions commanded an average sale price per square foot of $177.40.

Columbia, MD Office Asking Rents by Class

What is the average office rent per square foot by property class in Columbia?

  • Avg. Asking Rent Class A & A+$30.94
  • Avg. Asking Rent Class B$26.86

What is the average office rent per square foot by property class in MD?

  • Avg. Asking Rent Class A & A+$34.89
  • Avg. Asking Rent Class B$27.64
  • Avg. Asking Rent Class C$21.81

For comparison, the average rent for Class A and A+ office space in Maryland was $34.89 per square foot. The state-wide average for Class B space was $27.64 per square foot, and Class C office spaces averaged $21.81 per square foot.

Columbia, MD Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Columbia was Laurel at 4.69%. Meanwhile, the highest office vacancy rate in the market was 17.49%, recorded in Columbia.
Submarket Asking Rents Vacancy Rates
Columbia $29.05 17.49%
Laurel $27.84 4.69%
Data provided by Yardi Research

Explore Top Office Markets in Maryland

2025 Office Sales Volume

  • $177.402025 Avg. Price per SF
  • $85.2M2025 Office Sales Volume
  • 72025 Number of Transactions

What is the average sale price per square foot for office space in Columbia?

Average sale prices for office space in this market recorded a +125.75% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $177.40 per square foot. For comparison, the statewide Maryland average during the same time period stood at $106.23 per square foot, while the national average was $182.48 per square foot.

Columbia, MD Sale Price per SF Trend

  • Columbia Avg. Sale Price per SF in 2025$177.40
  • Maryland Avg. Sale Price per SF in 2025$106.23

What was the total office sales volume in Columbia in 2025?

The local office market recorded 7 deals in 2025, adding up to a yearly sales volume of $85.2M.

  • Columbia, MD Total Office Sales Volume in 2025 $85.2M
  • Columbia, MD Total Number of Office Sales Closed in 2025 7
Data provided by Yardi Research

Office Construction in Columbia, MD

What are the largest recent office completions in Columbia?

The largest recent office completion here is Merriweather District - 6100 Merriweather at 325,560 square feet, completed in 2019. The next largest completions are Merriweather Row and One Merriweather.

Office building Address SF Completed
Merriweather District - 10285 Lakefront 10285 Little Patuxent Pkwy, 21044 86,000 2024
Merriweather District - 6100 Merriweather 6100 Merriweather Drive, 21044 325,560 2019
Merriweather Row 6100 Merriweather Dr, 21044 320,964 2019
Little Patuxent Square 10175 Little Patuxent Pkwy, 21044 168,000 2017
Merriweather Row - Two Merriweather 10960 Grantchester Way, 21044 165,000 2017
Little Patuxent Square 10175 Little Patuxent Pkwy, 21044 163,900 2017
Two Merriweather 10960 Grantchester Way, 21044 122,989 2017
One Merriweather 10980 Grantchester Way, 21044 210,000 2016
Waterloo Crossing 5900 Waterloo Road, 21045 66,000 2015
8894 Stanford Blvd 8894 Stanford Blvd, 21045 43,591 2009
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.