C&W: More Speculative Office Construction Coming

Meanwhile, the vacancy rate in the District rose to 14% in Q2 -- an increase of 170 basis points (bps) year over year and the city's highest vacancy rate since 2014.

By Erika Morphy | July 09, 2018 at 08:54 AM

speculative office pipeline Nate Edwards Cushman & Wakefield's

No submarket was immune to this phenomenon; in fact, Capitol Hill/NoMa was the only one in which the rate rose by less than 100 bps over the course of the second quarter of 2018.

NOT FOR REPRINT

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

1 Tariffs Trigger Sharpest Drop in CRE Confidence Since Pandemic

2 Offices are Landing in Special Servicing Despite Strong Occupancy and Rent

3 Banks, Auto Parts Stores Lead Retail Cap Rate Declines

4 Office Distress Finally Starts Knocking on Investors’ Doors

5 Southeast Apartment Market Faces Looming Slowdown as Permits Plunge

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information