Glen Burnie Office Market Trends

Office Rental Market

  • $19.17 2019 Avg. Asking Rent
  • 19.25 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Glen Burnie was $19.17 per square foot, and the office vacancy rate across the market averaged 19.25 %. During 2019, developers added 0 square feet of new office space to the Glen Burnie market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Glen Burnie Class B Office Buildings$20.50
  • Glen Burnie Class C Office Buildings$16.92
  • MD Class A Office Buildings$31.28
  • MD Class B Office Buildings$24.32
  • MD Class C Office Buildings$18.37

Glen Burnie, MD Office Asking Rents by Class

OFFICE CONSTRUCTION IN Glen Burnie, MD

  • Glen Burnie, MD Total Sqft completed in 2019 0
  • Glen Burnie, MD Total Sqft under construction in 2020 0
10 Largest Office Buildings in Glen Burnie
Building name Address Total Sqft Year built
Quarterfield Center 802 Landmark Drive, 21061 174,240 2003
Empire Towers 7310 Ritchie Hwy, 21061 146,040 1975
6752 Baymeadow Drive 6752 Baymeadow Drive, 21060 120,000 2000
Cromwell Business Park 801 Cromwell Park Drive, 21061 94,630 2000
Baymeadow Business Park - 6701 Baymeadow Drive 6701 Baymeadow Drive, 21060 84,640 1976
Empire Medical Building 200 Hospital Drive, 21061 75,718 1981
Crain Towers 1600 South Crain Hwy, 21061 74,000 1990
Madison Park 1401 Madison Park Drive, 21061 68,474 1998
Quarterfield Medical Center 7671 Quarterfield Road, 21061 62,680 2008
6704 Curtis Court 6704 Curtis Court, 21060 56,448 1979
Largest Office Properties Recently Completed in Glen Burnie
Office building Address Sqft Completed
Kaiser Permanente North Arundel Medical Center 7670 Quarterfield Road, 21061 25,735 2017
Quarterfield Medical Center 7671 Quarterfield Road, 21061 62,680 2008
Quarterfield Center 802 Landmark Drive, 21061 174,240 2003
The Tate Cancer Center at UM Baltimore Washington Medical Center 305 Hospital Drive, 21061 48,080 2003
6752 Baymeadow Drive 6752 Baymeadow Drive, 21060 120,000 2000
Cromwell Business Park 801 Cromwell Park Drive, 21061 94,630 2000
Madison Park 1401 Madison Park Drive, 21061 68,474 1998
Pyramid Office Park - 1406 A Crain Hwy 1406 A South Crain Hwy, 21061 29,181 1991
Crain Towers 1600 South Crain Hwy, 21061 74,000 1990
Aiello Center 203 Hospital Drive, 21061 41,004 1990
Data provided by Commercial Edge

Office Spaces for Rent in Maryland

See trends for nearby markets

The Glen Burnie office market contains an inventory of 1,438,958 square feet of office space, in 37 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive 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.