Family Office Briefing on research bySavills·Nov 22, 2023

Suburban Maryland 2023 Q3 Market Report

Suburban Maryland office market shows stable rental rates in Q3 2023 — family offices should consider co-GP opportunities with local operators.

Maryland2023

Key Metrics

Metric	Value	Change / Context
Availability Rate	23.0%	Y-O-Y CHANGE
Asking Rental Rate	30.59psf (FS)	Y-O-Y CHANGE
Class A Asking Rental Rate	31.38psf (FS)	Y-O-Y CHANGE
Quarterly Leasing Activity	0.4msf	Y-O-Y CHANGE
Available Sublease Space	1.7msf	Y-O-Y CHANGE

Metrics extracted from the source report and independently fact-checked. Method →

Full report

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