The D.C. Metro area is showing signs of a strengthening office market across the region, driven by robust return-to-office trends, strong labor market fundamentals, and renewed investor confidence, according to a new report by Cushman & Wakefield.
According to the report, the area has seen return-to-office growth of 6.8% since the end of 2024, outperforming most major U.S. markets. Meanwhile, trophy office rents have surpassed $83 per square foot in 2025, while landlord concessions have fallen from their 2023 peak, reflecting a tightening in the supply of high-quality office product.
On the investment side, office sales volume rose 20% year-over-year in the first half of 2025, building on 2024’s $3.7 billion in transactions. “The report underscores that Washington, D.C. is on an upward trajectory and appears to be outperforming many other major office markets in the country when it comes to office occupancy among the workforce,” said Nate Edwards, Senior Director of Research for Cushman & Wakefield.
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