DMV Office Market Update

Join Us for Office Market Insights

What You'll Learn:

• How is the lack of new office construction impacting leasing decisions and market dynamics in D.C.? What are the prospects for future development?
• How are developers and investors adjusting their investment strategies to capitalize on opportunities in the D.C. office market, including adaptive reuse and alternative asset classes?
• Where are tenants increasingly moving within the D.C. region? What factors are driving these relocations amidst changing office space demands and preferences?
• What innovative lease structures and tenant incentives are proving effective in attracting tenants back to the office, particularly in light of ongoing hybrid work trends?
• Are there new design, technology, and amenities trends that are being implemented in newer spaces?

How You'll Do More CRE Business: Office vacancy rates in the DMV have reached record highs, with nearly 80M SF of space currently sitting empty. As vacancy rates climb, particularly in D.C. where they have reached up to 22.4%, the implications for the market are profound. How will the region's office sector adapt to these challenges, and what innovative approaches will be necessary to turn this surplus into opportunity? As tenants continue to gravitate towards high-quality spaces, join industry experts as they discuss their plans to revitalize distressed properties and navigate the complexities of a shifting office landscape.

Who You’ll Meet: DC, Maryland, and Virginia's office experts, investors, owners, developers, lenders, brokers, public sector companies, city officials, architects, contractors, engineers, and property managers.

News, Articles & Projects:

• How the upcoming U.S. presidential election could impact federal office space utilization and leasing decisions amid current uncertainties and evolving hybrid work policies.
• Chevy Chase Land Company Leases Approximately 30,000 Square Feet at Bethesda Metro and 2 Wisconsin Circle
• Washington Post Commits To Downtown D.C. HQ Through 2037
• JBG Smith Sees Office Pain Continuing 'At Least' Through 2025
• 'It's Not Getting Any Better': Contractions, Distress Dim D.C. Office Recovery Hopes
• JBG SMITH Enhancing Collaborative Options for National Landing Office Tenants

For questions, recommendations, comments, press inquiries, or interest in sponsoring, please email our Mid-Atlantic Event Producer, Katie Telder, at katie.telder@bisnow.com. To request disability-related accommodations, please contact marisa.pazik@bisnow.com no later than 7 business days prior to the event.

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Biscred's sales and marketing CRE prospecting tool allows users to identify companies and contacts based on industry, asset class experience, job seniority, location, and more CRE-specific indicators. Schedule a demo with Biscred here and receive the attendee list for free when you mention this promotion.