Highlights
- The average rent for office space in Timonium is $24.15 per square foot, 11.66% lower compared to the previous year.
- The market’s vacancy rate stands at 25.04%, higher than the state average of Maryland, which is 17.50%.
2025 Office Space Rent & Sales
- $24.15 2025 Avg. Asking Rent
- -11.66% Y-o-Y Avg. Asking Rent Change
- 25.04% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Timonium?
Average asking rents for office space here stand at $24.15 per square foot. The local office market recorded an average vacancy rate of 25.04% in 2025, unchanged from 25.04% in 2024.
Timonium, MD Office Asking Rents by Class
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.
Office Construction in Timonium, MD
What are the largest recent office completions in Timonium?
The largest recent office completion here is 130-170 W Ridgely Rd at 284,172 square feet, completed in 1997. The next largest completions are Yorkridge Center South - 1850 York Road and The Padonia Building.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 130-170 W Ridgely Rd | 130-170 W Ridgely Rd, 21093 | 284,172 | 1997 |
| Greenspring Corporate Center - 1922 Greenspring Drive | 1922 Greenspring Drive, 21093 | 33,345 | 1991 |
| Turf Village | 2300 York Road, 21093 | 31,802 | 1989 |
| 2331 York Rd | 2331 York Rd, 21093 | 20,707 | 1987 |
| 2205 York Road | 2205 York Road, 21093 | 23,414 | 1986 |
| Yorkridge Center South - 1850 York Road | 1850 York Road, 21093 | 42,042 | 1985 |
| 20 E Timonium Road Timonium | 20 E Timonium Road Timonium, 21093 | 33,316 | 1985 |
| Greenspring Corporate Center - 1920 Greenspring Drive | 1920 Greenspring Drive, 21093 | 36,920 | 1978 |
| The Padonia Building | 201 West Padonia Road, 21093 | 42,000 | 1972 |
| Pot Spring Professional Center | 1818 Pot Spring Road, 21093 | 34,764 | 1966 |
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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.