Learn more about our local markets and property types by clicking our most recent Washington D.C. Region MarketBeat reports below.
Washington, D.C. MarketBeat Reports
Lauren Kraemer • 7/11/2023
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
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Current Marketbeats
Q2 2023 Washington DC Office Report
New leasing in the Washington D.C. office market increased 6% from Q1 2023 to 907,000 square feet (sf) while renewal activity jumped 35% from Q1 2023 to 737,000 sf inked.
Q2 2023 Suburban Maryland Office Report
Overall vacancy rates in the Suburban Maryland office market finished the second quarter of 2023 at 19.7%, up 10 basis points (bps) from Q1 2023 and up 90 bps year-over-year.
Q2 2023 Northern Virginia Office Report
Northern Virginia recorded its third consecutive quarter of negative absorption with 209,598 square feet (sf) recorded, bringing overall net absorption to negative 783,959 sf YTD as of Q2 2023.
Q2 2023 Suburban Maryland Industrial Report
Suburban Maryland registered 53,218 sf of negative absorption in the second quarter, bringing year-to-date (YTD) absorption to 67,810 sf.
Q2 2023 Northern Virginia Industrial Report
NoVA recorded 90,749 sf of new leasing and 63,410 sf of renewal activity in the second quarter 2023, but total activity dropped 86% from Q2 2022.
Featured Insights: Current U.S. MarketBeats
MarketBeat • Workplace
Access the latest quarter commercial real estate results for the office sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
David Smith • 7/12/2023
MarketBeat
U.S. Industrial MarketBeat Report
Access the latest quarter commercial real estate results for the industrial sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
Jason Price • 7/12/2023
MarketBeat
Access the latest quarter commercial real estate results for the retail sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
James Bohnaker • 7/12/2023