Owings Mills Maryland Industrial Warehouse Spaces for Rent

Owings Mills, MD Warehouse Space for Rent.

Owings Mills, Maryland offers an array of warehouse spaces available for rent. Located in the heart of Baltimore County, Owings Mills provides convenient access to major highways and interstates. The area boasts a diverse selection of warehouse facilities, ranging from small to large, suitable for various storage and distribution needs. These warehouses feature modern amenities, including high ceilings, loading docks, and ample parking, providing businesses with efficient and reliable solutions for their warehousing operations. With its strategic location and extensive options, Owings Mills, Maryland is an ideal destination for companies seeking warehouse space for rent.

Benefits of Owings Mills's, Industrial Market.

Discover the advantages of Owings Mills's industrial market:

• Prime Location: Situated at the intersection of major highways, offering easy access to the Baltimore-Washington metropolitan area.
• Ample Labor Pool: Access to a skilled and experienced workforce within the surrounding Baltimore County.
• Modern Facilities: A wide range of available warehouse spaces featuring high ceilings, ample loading docks, and energy-efficient designs.
• Competitive Lease Rates: Owings Mills offers competitive lease rates compared to other industrial markets in the region.
• Proximity to Amenities: Conveniently located near major shopping centers, restaurants, and other amenities for employees and businesses alike.
• Established Industrial Zone: Owings Mills has a long-standing reputation as an established industrial hub, attracting businesses from various sectors.
• Intermodal Connectivity: The proximity to BWI Thurgood Marshall Airport and CSX rail lines provides additional transportation options.
• Economic Incentives: Potential access to economic incentives and tax breaks offered by the state of Maryland and Baltimore County.
• Growth Potential: Owings Mills is experiencing significant growth in its industrial sector, offering opportunities for expansion and investment.
• Community Support: The Owings Mills community is committed to supporting businesses, providing resources and networking opportunities.

Why Owings Mills is a Great Place to Locate a Business.

Owings Mills, Maryland is a hub for businesses seeking a strategic location with exceptional benefits:

• Accessibility: Conveniently situated at the intersection of Interstates 95, 695, and 795, providing easy access to major markets.
• Proximity to Baltimore: Just 10 miles northwest of Baltimore City, offering close proximity to a diverse workforce and amenities.
• Well-Established Infrastructure: Boasts reliable utilities, telecommunications, and transportation infrastructure to support business operations.
• Abundant Warehouse Space: A variety of warehouse and distribution facilities are available for lease, offering flexible options for businesses of various sizes.
• Favorable Tax Climate: Maryland offers competitive corporate tax rates and incentives, making Owings Mills an attractive location for cost-conscious businesses.
• Skilled Workforce: Owings Mills has a highly skilled labor force with proximity to educational institutions and training programs.
• Lifestyle Amenities: Provides a balance of residential and commercial amenities to attract and retain employees, including parks, recreation centers, and retail options.

Key Industries in Owings Mills.

• Biotechnology and Life Sciences - Home to several major pharmaceutical and biotechnology companies, including MedImmune and Paragon Bioservices.
• Financial Services - A hub for financial institutions, including T. Rowe Price and Legg Mason.
• Technology - A growing center for technology companies, such as Johns Hopkins Applied Physics Laboratory and Northrop Grumman.
• Healthcare - A major medical hub, with hospitals such as Mercy Medical Center and Sinai Hospital.
• Government and Defense - Hosts the National Security Agency and the Defense Information Systems Agency.
• Education - Home to several universities and colleges, including Stevenson University and McDaniel College.
• Retail and Hospitality - A thriving retail and hospitality sector, with major shopping malls and restaurants.
• Distribution and Logistics - A strategic location for distribution and logistics companies due to its proximity to major highways and interstates.

Demographics.

• Population: 30,024
• Median Age: 40.7
• Median Household Income: $104,324
• Education: 52.1% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 7.9%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 7,500,000 sq. ft.