WBJ: BID report– Downtown D.C. hits record high office vacancy rate, but sees plenty of new development


Alex Koma, Washington Business Journal - April 6, 2019

“Downtown D.C. saw booms in development and tourism last year, but also notched a record-high office vacancy rate and sluggish employment growth, according to a new report.

…the neighborhood is coping with a ‘tenants’ market’ in the office sector, while the retail vacancy rate ticked slightly upward and the apartment vacancy rate remained unchanged.”

Read more analysis of the State of Downtown 2018 office market and development data in the Washington Business Journal