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Office Insight

United States | Washington, DC

Report | Washington DC Office Insight - Q1 2017

Summary

​Supply continues to outpace demand across Washington, DC, a trend that will likely remain over the short term. Speculative and build-to-suit construction are set to increase core supply by 4.5 million square feet over the next 36 months. As a result, rent growth has stalled except for second-generation assets geared toward cost-conscious users.

To entice tenants, concession packages for Class A buildings are rising.

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