Report | Suburban Maryland Office Insight - Q4 2015
Even though leasing activity continued to remain spotty across Suburban Maryland in 2015, tenants certainly knew what they wanted to lease when it came to meeting their spacing needs—Class A assets.
A staggering 97.7 percent of total sales volume and 77.9 percent of total square footage in 2015 came via Class A assets, compared to only 36.4 percent of sales by total building size coming from Class A assets in 2014.
With overall market conditions still loose, new construction has been slow to come to market, but that could be changing in the near-term thanks to a number of recent proposals that threaten to change the landscape of the area.
Learn more about what’s happening—and what we expect to occur in the coming months—across the Suburban Maryland office market in our Q4 US Office Insight.
To access the report, simply complete the form.