Newmark：2025年第四季度马里兰州郊区办公楼市场报告（英文版）

Suburban Maryland saw positive activity during the fourth quarter of 2025, with 11,662 SF of positive net absorption, leading to 66,707 SF of positive annual absorption, the market‘s first year of notable positive net absorption since 2019. Overall vacancy ended 2025 at 20.4%, up 10 basis points quarter-over-quarter, but down 20 basis points over the year. After a building boom from 2017-2022, the pace of new construction deliveries has begun to slow. There were only two office deliveries in