Professional Documents
Culture Documents
Washington, D.C.
Office Q1 2017
10%
2011 2012 2013 2014 2015 2016 2017
cushmanwakefield.com
MARKETBEAT
Washington, D.C.
Office Q1 2017
Capitol Hill/NoMa 13,639,903 78,542 1,797,791 13.8% (76,300) (76,300) 522,891 1,585,174 $54.31 $60.09
East End 37,563,231 412,387 4,483,112 13.0% 197,970 197,970 397,152 1,011,394 $57.93 $62.73
CBD 33,010,557 389,464 2,876,576 9.9% (150,088) (150,088) 598,080 1,556,479 $54.93 $64.87
West End/Georgetown 5,097,432 48,571 480,104 10.4% 28,361 28,361 44,444 0 $46.17 $49.71
Uptown 4,153,673 31,609 806,953 20.2% 13,994 13,994 18,522 0 $41.99 $46.00
Southwest 10,931,247 37,695 1,441,011 13.5% (38,180) (38,180) 216,559 457,787 $45.95 $45.02
Capitol Riverfront 4,074,326 24,018 475,147 12.3% 67,599 67,599 28,867 215,616 $40.49 $43.61
WASHINGTON, D.C. TOTALS 108,470,369 1,022,286 12,360,694 12.3% 43,356 43,356 1,826,515 4,826,450 $53.21 $61.73
Class A 56,991,117 608,915 6,872,335 13.1% 129,639 129,639 1,490,566 4,573,468 $64.43 $61.73
Class B 29,772,177 208,546 3,609,094 12.8% 83,814 83,814 218,964 0 $50.81 $50.23
Class C 21,707,075 204,825 1,879,265 9.6% (170,097) (170,097) 116,985 0 $42.67 $41.64
1875 K Street NW 187,624 Shorenstein Properties / Carr Properties $150,000,000 / $799 CBD
425 3rd Street NW 221,086 Clark Enterprises / Unizo Holdings $148,000,000 / $669 Southwest
Cushman & Wakefield For more information, contact: About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live.
2101 L Street, NW Nathan Edwards, Regional Director Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining
Washington, DC 20037 Tel: +1 202 463 2100 our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is
among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset
cushmanwakefield.com nathan.edwards@cushwake.com services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ
Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit
www.cushmanwakefield.com or follow @CushWake on Twitter.
Copyright 2016 Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple
sources considered to be reliable. The information may contain errors or omissions and is presented without any warranty or
representations as to its accuracy.