Suburban Maryland office market report
Q4 2025
The Suburban Maryland office market closed 2025 in a period of recalibration. Trophy and Class A assets regained their edge, posting vacancy rates 260 basis points below Class B/C properties. Overall availability held steady at 21.5%, while asking rents ticked up to $32.32 psf, reflecting stable demand. As the market navigates shifting dynamics, incremental rent growth and selective absorption signal resilience amid broader uncertainty.
Leasing velocity
In a sharp quarter-over-quarter decline, total leasing velocity (sf) declined to the lowest level of 2025.
Average FS rent
Average FS rents have increased by $0.68 quarter-over-quarter from $31.64 to $32.32, representing a 2.1 % increase.
Direct availability rate
The direct availability in Suburban Maryland remained unchanged from Q3 2025.
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Get in-depth office market reports and insights from commercial real estate experts in the Washington, DC Metro area. Avison Young advisors look at Suburban Maryland commercial real estate activities and the latest Suburban Maryland statistics to provide you expert market research on Suburban Maryland's office properties.
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