2023 Office Space Rent & Sales
- $23.82 2023 Avg. Asking Rent
- 4.60% Y-o-Y Avg. Asking Rent Change
- 26.19% 2023 Office Vacancy Rate
Cockeysville office price per square foot in 2023 was $23.82 on average. This marked a +4.60% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 26.19% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Maryland Class A & A+ Office Space$32.58
- Maryland Class B Office Space$26.35
- Maryland Class C Office Space$29.18
Cockeysville, MD Office Asking Rents by Class
Office Spaces for Rent in Maryland
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Schilling Place at Hunt Valley - 111 Schilling Road | 111 Schilling Road, 21031 | 150,164 | 2004 |
| 20 Wight Avenue | 20 Wight Avenue, 21030 | 77,047 | 2003 |
| International Circle | 303 International Circle, 21030 | 134,006 | 1989 |
| Crestridge Center | 10151 York Road, 21030 | 52,900 | 1988 |
| 216 Schilling Circle | 216 Schilling Circle, 21031 | 36,273 | 1988 |
| North Park Business Community - 4 North Park Drive | 4 North Park Drive, 21030 | 128,268 | 1987 |
| 10150 York Rd | 10150 York Rd, 21030 | 178,286 | 1985 |
| Yorkridge Center North - 10540 & 10600 York Road | 10540 York Road, 21030 | 47,059 | 1985 |
| 170-190 Lake Front Drive | 170-190 Lake Front Drive, 21030 | 35,800 | 1984 |
| North Park Business Community - 6 North Park Drive | 6 North Park Drive, 21030 | 81,500 | 1983 |
Worth noting among recent office completions on the Cockeysville market is Schilling Place at Hunt Valley - 111 Schilling Road, which is currently the largest new office development in the city, at 150,164 square feet.
See reports for other markets
- Baltimore Office Rent Price
- Rockville Office Rent Price
- Columbia Office Rent Price
- Annapolis Office Rent Price
- Bethesda Office Rent Price
- Gaithersburg 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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Cockeysville 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.