2022 Office Space Rent & Sales
- $19.86 2022 Avg. Asking Rent
- 3.43% Y-o-Y Avg. Asking Rent Change
- 22.67% 2022 Office Vacancy Rate
Glen Burnie office price per square foot in 2022 was $19.86 on average. This marked a +3.43% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 22.67% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Glen Burnie Class B Office Space$19.63
- Glen Burnie Class C Office Space$26.22
- Maryland Class A & A+ Office Space$31.43
- Maryland Class B Office Space$26.48
- Maryland Class C Office Space$21.66
Glen Burnie, MD Office Asking Rents by Class
2022 Office Vacancy Rates in Glen Burnie
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Route 2 Corridor | $22.98 | 16.96% |
| Baltimore Washington International | $18.80 | 36.68% |
Office Spaces for Rent in Maryland
- Baltimore City Office Space
- Rockville Office Space
- Columbia Office Space
- Silver Spring Office Space
- Bethesda Office Space
- Annapolis Office Space
- Frederick Office Space
- Gaithersburg Office Space
- Laurel Office Space
- Germantown Office Space
- Hanover Office Space
- Lanham Office Space
- Hyattsville Office Space
- Salisbury Office Space
- Linthicum Heights Office Space
Coworking Spaces in Maryland
- New York City Coworking Space
- Manhattan Coworking Space
- Washington Coworking Space
- Brooklyn Coworking Space
- Hudson Valley Coworking Space
- Charlotte Coworking Space
- Philadelphia Coworking Space
- Raleigh Coworking Space
- Cincinnati Coworking Space
- Baltimore City Coworking Space
- Pittsburgh Coworking Space
- Arlington Coworking Space
- Alexandria Coworking Space
- Durham Coworking Space
- Jersey City Coworking Space
- Queens Coworking Space
- Cleveland Coworking Space
- Columbia Coworking Space
- Bethesda Coworking Space
- Rockville Coworking Space
- Silver Spring Coworking Space
- Lanham Coworking Space
- Annapolis Coworking Space
- Gaithersburg Coworking Space
- Chevy Chase Coworking Space
- Frederick Coworking Space
- Laurel Coworking Space
2022 Office Construction in Glen Burnie, MD
| Office building | Address | SF | Completed |
|---|---|---|---|
| Aviation Business Park | 6960 Aviation Blvd, 21061 | 120,285 | 2008 |
| 6958 Aviation Blvd | 6958 Aviation Blvd, 21061 | 36,015 | 2008 |
| Quarterfield Center | 802 Landmark Drive, 21061 | 174,240 | 2003 |
| 7704 Quarterfield Road | 7704 Quarterfield Rd, 21061 | 23,180 | 2001 |
| Cromwell Business Park - 801, 802 & 811 Cromwell Park Drive | 801 Cromwell Park Drive, 21061 | 94,630 | 2000 |
| International Trade Center - 530 McCormick Drive | 530 McCormick Drive, 21061 | 56,237 | 2000 |
| Cromwell Business Park - 820 & 890 Airport Park Road | 890 Airport Park Road, 21061 | 68,668 | 1990 |
| 898 Airport Park Road | 898 Airport Park Road, 21061 | 38,124 | 1989 |
| Chesapeake Square | 6716 Ritchie Hwy, 21061 | 212,345 | 1985 |
| Empire Medical Building | 200 Hospital Drive, 21061 | 75,718 | 1981 |
Worth noting among recent office completions on the Glen Burnie market is Aviation Business Park, which is currently the largest new office development in the city, at 120,285 square feet.
See reports for other markets
- Rockville Office Rent Price
- Columbia Office Rent Price
- Annapolis Office Rent Price
- Silver Spring Office Rent Price
- Frederick Office Rent Price
- Bethesda Office Rent Price
- Gaithersburg Office Rent Price
- Baltimore City Office Rent Price
- Los Angeles Office Rent Price
- Chicago Office Rent Price
- San Diego Office Rent Price
- Charlotte Office Rent Price
- Miami Office Rent Price
- Washington Office Rent Price
- San Antonio Office Rent Price
- Houston Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Glen Burnie commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.