MARKET TRENDS

• At 0.6 million square feet (msf), leasing volume increased from the previous quarter, but was down by 13.7% from Q2 2025.
• The Rockville submarket accounted for 33.3% of the market’s total leasing volume, including several of the largest deals.
• Overall asking rents increased by 0.8% year over year in Suburban Maryland, while Class A asking rents increased by 2.8%.

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