More Companies Signing D.C.-Area Office Leases, But Owners Still Feeling The Pain

Signs of life are sprouting up in the D.C. metro office market. Leasing volume is on the rise, with more large tenants wading into the market for the first time in years and companies slowly getting comfortable making longer-term decisions.  But even with the glimmer of momentum, landlords are still feeling the pain of the office dynamic that was flipped upside down 4.5 years ago. In a market where tenants have their pick of the crop amid ever-increasing vacancy, landlords are feeling pressured to outlay more, often unable to say “no.”