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162 Commercial Real Estate Listings in Hanover, MD

Hanover, MD Commercial Real Estate

There are currently 164 commercial listings available in Hanover, MD. These listings include 126 commercial spaces that encompass a total of 2,325,631 square feet. Available commercial spaces in Hanover, MD range in size from 4 square feet to 181,391 square feet. A total of 100 off-market commercial properties located in Hanover, MD are also available for research.

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Hanover, MD Commercial Inventory Breakdown

In 2022 the Hanover, MD commercial real estate market totaled 2,798,414 square feet of office spaces, 2,328,835 square feet of office spaces with retail, and 11,279,670 square feet of industrial space.

Office Spaces

Total: 2,798,414 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,131,820 SqFt 40.45% of total office
100k to 500k SqFt 1,666,594 SqFt 59.55% of total office
By class:
Class A 834,695 SqFt 29.83% of total office
Class B 1,234,983 SqFt 44.13% of total office
Class C 58,419 SqFt 2.09% of total office


Class A office space holds a 29.83% share of the overall Hanover, MD office market, while Class B office assets make up approximately 44.13%.

Industrial

Total: 11,279,670 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,881,850 SqFt 16.68% of total industrial
100k to 500k SqFt 7,908,382 SqFt 70.11% of total industrial
> 1M SqFt 1,489,438 SqFt 13.2% of total industrial
By class:
Class A 6,378,456 SqFt 56.55% of total industrial
Class B 4,788,461 SqFt 42.45% of total industrial
There are 7,908,382 square feet of commercial real estate properties between 100k to 500k square feet, representing 70.11% of the Hanover, MD industrial inventory.

Office Spaces with Retail

Total: 2,328,835 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 90,170 SqFt 3.87% of total office with retail
100k to 500k SqFt 567,845 SqFt 24.38% of total office with retail
> 1M SqFt 1,670,820 SqFt 71.74% of total office with retail

Hanover, MD Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Hanover, MD Office 33 929,346
Hanover, MD Retail 3 146,685
Hanover, MD Industrial 31 1,272,196
Hanover, MD Other 65 2,348,231
Ofice Icon

33

Office

Industrial Icon

31

Industrial

Retail Icon

3

Retail

Current local active listing encompass 4,696,458 square feet of commercial space for lease in Hanover. There are 33 active office listings, which amount to 929,346 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 146,685 square feet across 3 listings. Current industrial offerings on the market amount to 1,272,196 square feet across a total of 31.