CBRE’s Tysons Corner office serves clients in the sprawling Northern Virginia market, the Washington D.C. Metropolitan Area’s most populous region
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The Washington, D.C. – Baltimore market vacancy is currently at 1.4 percent, down from 3.6 percent in Q1 2021. Average asking rent in those 12 markets increased by 5.8 percent in the second quarter from the first to $54.77 per sq. ft. Average asking rent in the D.C.-Baltimore market rose to $41.46 in Q2 2022, up from $38.00 in Q1 2021.
NOVA Data Centers
3 Trends to Watch
Strong data center demand—which predated the pandemic—has continued to skyrocket. The intense need for space is causing growth in new locations and design of data centers of the future. Here are three trends to watch.Read More