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United States | Washington, DC

Report | Washington DC Office Insight - Q2 2016


Non-traditional industries and coworking providers like MakeOffices and WeWork continue to show tremendous growth across Washington DC, with the industry helping to account for a large chuck of quarterly leasing activity.

While traditional segments of the market remain slow, creative sectors have helped make Georgetown and Dupont-Shaw the two tightest submarkets in all of DC (as of Q2). Both currently sport vacancy rates in the single digits.

Developers broke ground on eight new projects in Q2 that will eventually bring 2.8 million square feet of supply to market.​

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