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The resilience of Washington DC’s office market has been supported throughout the pandemic by one of the strongest tech sectors in the countryand it’s in good company.

“Even before the pandemic, the nation’s capital was starting to transition government jobs to a work-from-home model, and COVID only accelerated it,” write Moody’s Analytics David Caputo and Thomas LaSalvia in a new analysis. “While this sector may downsize some offices, the high volume of leasing by tech companies could not have come at a better time and propped up the local market.”

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