The D.C. office market was just starting to stabilize when the federal government threw a wrench in the plan, fueling a new sense of uncertainty across the city. But the top echelon of the market is facing a vastly different reality, new data shows.
The market for trophy office space is getting tighter every quarter. With the construction pipeline nearly dry, it is only getting more constrained, and tenants vying for the limited available space are pushing rents to new highs.