Washington, DC Commercial Real Estate
Serving the Washington, DC Metropolitan Area
Top Story:
Featured Topics:
- Local Market Statistics: Statistics and White Papers for the Washington, DC Market
- Property Catalog: Browse flyers and websites for available properties in the Washington Metropolitan area
- In the News: View recent press releases
- Services: Learn about the services offered in Washington, DC, become familiar with our specialty teams and contact a local professional
Office Description:
The Washington, DC office of CB Richard Ellis is one of the country's most active market areas. More than 75 professionals provide a complete spectrum of commercial real estate brokerage services including owner and tenant leasing, acquisition and sales, marketing and consulting to owners, investors and occupiers of all property types.
The Washington, DC competitive office market is comprised of 121.4 million square feet in almost 700 properties in nine submarkets throughout the District of Columbia. The core downtown markets of the CBD and East End hold the majority of office product with 38.2 million square feet and 42.0 million square feet, respectively. Capitol Hill consists of 4.8 million square feet, while Southwest has over 12.0 million square feet. Uptown and Georgetown, the most western and northern submarkets, have a combined 9.8 million square feet. Since 2005, two new submarkets, NOMA and Capitol Riverfront, were formed, and they currently are comprised of 11.0 million square feet. In total, the District of Columbia accounts for over 32% of the Washington, DC Metro Region’s competitive office real estate market.
Please visit CB Richard Ellis' Washington, DC Area page.
|