Suburban Maryland Q2 Office Stats Snapshot
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Quick overview of Q2 stats
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Suburban Maryland Q2 Office Stats Snapshot
- 1. I-270 / Rockville Bethesda / Chevy Chase Rock Spring Park Pike Corridor Landover / Lanham Greenbelt 2009 2010 2011 2012 2013 2014 2015 $31.46 $31.43 $30.72 $30.91 $31.08 $29.76 $31.30 16.8% 17.1% 16.3% 17.0% 17.6% 20.6% 21.6% Direct Vacancy RateDirect Rental Rate Class A Direct Vacancy Class A Direct Rent Leasing Activity Overall Net Absorption 11.3% $48.15 206,053 sf (46,834 sf) 1.9pp 11.4% 11.2% 18.4% Y.O.Y Change class a DIRECT RENTAL vs. VACANCY RATE SUBURBAN MARYLAND Q2 2015 OFFICE SNAPSHOT 224,886sf 206,053sf 99,389sf 77,982sf 51,278sf 67,322sf demand by Market absorption class a vs. Overall GREENBELT PIKE CORRIDOR BETHESDA/CHEVY CHASE ROCK SPRING PARK bethesda/chevy chase snapshot CLASS AOVERALL 33,236-101,515 93,210-5,371 30,238-46,834 -14,741 37,827