MARKET TAKEAWAYS
As corporate America rethinks future business strategies, particularly in the tech verticals, the DC metro region will be especially attractive due to the ample supply of educated workers graduating from nearby colleges with technology-related degrees.
There is a growing demand for pre-built spec suites and furnished subleases that offer flexible leasing terms and discounted rents.
Q2 saw an uptick in leasing activity for coworking spaces, which will continue to play a major role in the region’s return to the office.
Real estate is a tool to help companies maximize the potential of their human capital, and post-pandemic technology companies will seek space that is ideal for collaboration, rich in amenities and incorporates wellness.