NoVa office occupancy up the first time since 2029
Firewall-free link: https://archive.is/SJeR9
CBRE's report reveals that Northern Virginia's office market experienced its first annual occupancy gain since 2019, with 480K SF of net absorption in 2025. The Rosslyn-Ballston and Toll Road submarkets led the growth, while Tysons saw the most significant decline. The technology and professional services sectors contributed the most to the gains, and the market is expected to see increased confidence and decision-making in 2026.
Residential is struggling a bit, but real signs of resiliency in the job market. Uneven, though; R-B corridor in Arlington is up, but Tysons is down.
0 Comments