Commercial Real Estate in Southern Maryland

Posted by: Economic Development Team on Tuesday, April 17, 2018

Located about 20 miles from Washington, DC, Charles County touts some of the best commercial real estate in Maryland. Being positioned in such a prime economic corridor between Baltimore and Richmond means businesses looking to establish or expand their physical presence close to the capital can find excellent options in Charles County – from class-A offices, to flex space for light industrial uses, to high visibility retail centers.  Of course, most communities could say the same about their commercial real estate options. But only in Charles County can businesses get this kind of access to the Washington DC metro market at 20% – 40% lower costs.

In total, Charles County has 1,596,757 square feet of commercial space available for businesses of all sizes types.

  • White Plains Corporate Center: Strategically located along US Route 301, the White Plains Corporate Center encompasses five buildings, including Class A lease and condo office space, flex space, and pad sites. What started as a local public-private partnership between Charles County and Meinhardt Properties in the early 2000’s has become a major employment center for Charles County. Developers recently completed the fifth building, a Class A facility in the business park, which is the first solar-powered Class A building in Southern Maryland. The 60,000-square-foot building was designed with medical users in mind and is almost 40 percent leased.  The site provides easy access to the County’s major thoroughfares leading north to Washington DC and Baltimore or south to Virginia and the Richmond metro area. 
  • Waldorf North Redevelopment: Acquired by Greenberg Gibbons in 2016, Waldorf Station is planned to be a 150-acre mixed-use development in Waldorf, Maryland. The redeveloped site will include approximately 500,000 square feet of retail and commercial space, 700 apartments, and 100 townhomes. Located at the intersection of US Route 301 and Maryland Route 5, Waldorf Station is set to create a new front door for Charles County and transform the area with a “downtown” for the community to shop, work, and play. The new gateway will bring upscale retailers to help meet growing demand from both residents and commuters who earn above average wages, making it an ideal development for retailers and local shoppers alike.

Several factors make Charles County an attractive location for development, including its highly skilled workforce and strategic location. A workforce of over 1.3 million live within a 45-minute commute of the county.  While the cost of living in Charles County is more affordable than the metro area, so is the cost of establishing, operating, and expanding a business. In fact, average office lease rates in the County are nearly 40 percent lower compared to the DC Metro average, and industrial space is more than 20 percent lower.

We have several resources to help you find the right commercial real estate for your business, and the EDD is on hand to assist with any questions you may have about relocating or expanding in Southern Maryland. To learn more about available commercial real estate in Charles County, visit our Find Properties and Data page or contact us at info@meetcharlescounty.com.

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