2022 Office Space Rent & Sales
- $21.68 2022 Avg. Asking Rent
- 25.76% 2022 Office Vacancy Rate
Owings Mills office price per square foot in 2022 was $21.68 on average. The local office market recorded an average vacancy rate of 25.76% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Owings Mills Class B Office Space$21.68
- Maryland Class A & A+ Office Space$31.43
- Maryland Class B Office Space$26.48
- Maryland Class C Office Space$21.66
Owings Mills, MD Office Asking Rents by Class
Office Spaces for Rent in Maryland
- Baltimore City Office Space
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Coworking Spaces in Maryland
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- Silver Spring Coworking Space
- Lanham Coworking Space
- Annapolis Coworking Space
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- Chevy Chase Coworking Space
- Frederick Coworking Space
- Laurel Coworking Space
2022 Office Construction in Owings Mills, MD
| Office building | Address | SF | Completed |
|---|---|---|---|
| Metro Centre at Owings Mills - 10200 Grand Central Avenue | 10200 Grand Central Avenue, 21117 | 190,000 | 2016 |
| Dolfield Business Park - 11155 Dolfield Blvd | 11155 Dolfield Blvd, 21117 | 71,400 | 2005 |
| Red Brook Corporate Center | 300 Red Brook Blvd, 21117 | 600,000 | 2001 |
| Red Run Centre | 10989 Red Run Blvd, 21117 | 135,000 | 2001 |
| Toyota Financial Services | 500 Red Brook Blvd, 21117 | 110,330 | 2001 |
| Garrison Forest Plaza | 10367 Reisterstown Road, 21117 | 63,951 | 2001 |
| 20 New Plant Court | 20 New Plant Court, 21117 | 18,742 | 1999 |
| 100 Painters Mill Road | 100 Painters Mill Road, 21117 | 130,000 | 1997 |
| 10075 Red Run Blvd | 10075 Red Run Blvd, 21117 | 100,000 | 1993 |
| Metro Office Park | 90 Painters Mill Road, 21117 | 87,500 | 1993 |
Worth noting among recent office completions on the Owings Mills market is Metro Centre at Owings Mills - 10200 Grand Central Avenue, which is currently the largest new office development in the city, at 190,000 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
- Dallas Office Rent Price
- Phoenix Office Rent Price
- Chicago Office Rent Price
- Charlotte Office Rent Price
- Seattle Office Rent Price
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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 Owings Mills 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.