Real Estate and Land Use

Real Estate and Land Use

Retail Market Study coverMontgomery County Retail Market Study – Recognizing the importance of retail to the County’s economic competitiveness, as well as its role in creating vibrant commercial areas, a countywide Retail Market Study was prepared by Streetsense, a Bethesda-based retail design and strategy firm. The purpose of the study was to assess the strengths, challenges, and competitive position of retail in the County to develop strategies that will foster successful retail centers and keep them poised for the future.

Montgomery County Office Space Conversion Blog Post  – In a previous blog post, we explored trends likely to impact the adaptive reuse of office buildings, as illustrated through the Octave 1320 office-to-residential conversion in downtown Silver Spring. With its final unit now sold, the successful project prompted us to think about the future of office conversions in Montgomery County.

Office Market Assessment Report  – The Montgomery County Planning Department has completed an in-depth assessment of regional office market conditions and the implications for Montgomery County. Prepared by Washington, DC-based Partners for Economic Solutions (PES) and Research and Special Projects Division staff, the 106-page study examines an array of economic forces changing the Washington, DC region’s office market and best practices for next-generation office development. Staff presented this study to the Planning Board at its public meeting on June 25, 2015 and to the Montgomery County Council’s Planning, Housing & Economic Development (PHED) Committee on July 13, 2015. Learn more about the Office Market Assessment Report. View the infographic and presentation.

Aspen Hill Minor Master Plan Amendment Market Analysis – The Aspen Hill market analysis consists of three reports: Office Market Analysis, Retail Market Analysis, and the Residential Market Analysis. These reports assess the feasibility of future office, retail, and residential uses within the Aspen Hill Minor Master Plan Amendment area.

Sandy Spring Rural Village Market Analysis – The Sandy Spring retail market report analyzes the existing commercial retail environment as well as future types of retail businesses supporting the village center concept of the Sandy Spring Rural Village Plan. The report recommends suitable retail niches for the village center and characterizes the building spaces needed to accommodate these types of businesses. Review the Industrial Land Use Trends Study for Montgomery County (presentation and white paper).

Trendsheets

The retail trends report details recent trends regarding vacancy rates, rents, and net absorption within the County and region.

Retail Trendsheet, 4Q2016, August 2017

Office Space

Office Space monitor, 2Q2014

Office Space monitor, 3Q2013

Office Space monitor, 2Q2013

Office Space monitor, 4Q2012

Retail Space

Retail Space monitor, 2Q2013, August 2013

Retail Space monitor, 4Q2012

Last Updated: February 11, 2019