DC Metro Area Market
Semiannual Snapshot Q3 2019
Rentable Building Area (RBA)
- 4 & 5 Star: 247,814,496 SF
- 3 Star: 189,929,408 SF
- 1 & 2 Star: 61,972,441
- Total: 499,716,496 SF
Vacancy Rate
- 4 & 5 Star: 14.8%
- 3 Star: 12.8%
- 1 & 2 Star: 6%
- Overall: 13.0%
Average Asking Rent
- 4 & 5 Star: $44.79/SF
- 3 Star: $31.78/SF
- 1 & 2 Star: $26.16/SF
- Overall: $37.70/SF
Under Construction
- 4 & 5 Star: 10,948,687 SF
- 3 Star: 293,425 SF
- 1 & 2 Star: 0 SF
- Total: 11,242,112 SF
12 Month
- Net Absorption: 2,900,000 SF
- Rent Growth: 0.9%
- Vacancy Change: (0.2%)
- Deliveries: 5,500,000 SF
- Sales Volume: $7,200,000,000
