Tysons Corner

North American data center pricing approached record levels in 2024, with Northern Virginia once again boasting the nation’s largest inventory, the greatest amount of new construction, and some of the highest average asking rates ($175 – $225) for wholesale colocation space in the nation, according to CBRE’s latest North American Data Center Trend Report.

CBRE today announced it has been named exclusive retail leasing agent for Oakville Row on Richmond Highway at Swann Avenue, offering 36,000 sq.ft. of prime retail space available across two buildings in Alexandria’s rapidly growing Oakville Triangle community.

Washington, D.C., has emerged as a leader in climate change resilience by investing in and implementing sustainability measures, improving its ability to protect property values and attract real estate occupiers amid climate risks, according to a new analysis from CBRE.

Strong demand and limited available supply led to Northern Virginia setting a record low 0.94% vacancy rate in the first half of 2023, according to a new report from CBRE.

Greater Washington’s vibrancy continued to improve impressively post-election and through the end of 2024, ascending to a level of 73.4. This was not only 2.5% higher than the previous month, but 11.5% higher than one year ago.

Greater Washington’s vibrancy continues to be surprisingly resilient with the latest results of the REVIVE index. The REVIVE index increased by 0.2% compared to the previous month, and is 8.4% higher than it was one year ago.