Office for Lease in Sparks, MD
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Sparks, MD
- Size: 145,271 SF
- Year built: 1991
Description
18 Loveton Cir - Available for lease
Market Context
This office in Sparks, MD is listed for lease across 145,271 SF. The building dates to 1991. It has been on the market for 162 days. Compare it against other office listings for lease in Sparks, MD — <a href="/search/lease/office/maryland/sparks">view the full market</a>.
As of Q1 2026, the Reno office market showed a 9.5% vacancy rate, average asking rents near $25.80/SF/yr, rents down 2.1% year over year, and cap rates around 6.4%. Source: Consensus Q1 2026 market report.
Softening rents give tenants room to negotiate on terms.
Office market FAQ
- What is the typical cap rate for office in Reno?
- About 6.4% as of Q1 2026, per Consensus.
- Is the Reno office market tightening or softening?
- Vacancy is around 9.5%, with asking rents softening year over year (Q1 2026).
Contact
- Matthew Melnick · +1 (410) 685-9880 · matthew.melnick@cushwake.com
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