Washington D.C Office Space

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
89
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
5,440
As of: March 11, 2017

Washington D.C Rates

On average, listings lease in the $50's per square foot per year. The Washington D.C region is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Washington D.C. market, the Washington D.C region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Washington D.C Listing Supply

In the last 90 days, 89 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available space in the Washington D.C are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 10 stories. Most buildings in this area were built in 1976 and are Class A.

Washington D.C Community

Market Report

Trends and status of the commercial real estate market in Washington D.C.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington D.C.
Research

Washington D.C Submarkets