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In this edition of our market brief, we focus on the Downtown Washington D.C. submarket. Like many urban office markets, it has experienced rising vacancies due to the shift in demand driven by remote and hybrid work during and after the COVID-19 pan
Discover how Washington D.C.'s multifamily market has evolved through pre-pandemic growth, the challenges brought on by COVID-19, and the pivotal rise of adaptive reuse projects. This article analyzes the economic impact of converting office spaces t
Take a closer look at some of the most significant office-to-residential conversion projects currently shaping downtown Washington D.C. From luxury condominiums to much-needed affordable housing, these projects are redefining the city’s real es
In this issue of MarketRent™ powered by Clarendon, we delve into Washington D.C.’s innovative approach to revitalizing its urban core. Faced with rising office vacancies, the city is transforming underutilized spaces into vibrant resident