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.
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.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
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