Suburban Maryland office market report
Q1 2025
The Suburban Maryland office market has maintained steady trends in recent quarters, with vacancy rates continuing their upward trajectory—this quarter marking a 50-point increase. Net absorption has improved slightly from -1.08% in Q1 2024 to -0.40% this quarter. With a slowdown in new developments and a growing number of office conversions, the market’s response in the coming months will be pivotal.
Leasing activity
Average FS rent
Average FS rents have decreased by $0.07 from last quarter which is a 0.22% decrease from $31.84.
Vacancy rate
Availability rate for Suburban Maryland office buildings witnessed a 40-point decrease from Q4 2024.
Your source for the latest Suburban Maryland office market reports
Get in-depth office market reports and insights from commercial real estate experts in the Washington, DC Metro area. Avison Young advisors look at Suburban Maryland commercial real estate activities and the latest Suburban Maryland statistics to provide you expert market research on Suburban Maryland's office properties.
Explore different topics like the latest office market pricing trends and analysis of Suburban Maryland's current office real estate market conditions. Gain a better understanding of Suburban Maryland’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Suburban Maryland's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Suburban Maryland.
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