Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·Oct 11, 2024

Northern Virginia Office Research Report - Q3 2024

Northern Virginia office market experiences negative absorption and rising vacancy in Q3 2024 — family offices should consider co-GP opportunities with disciplined operators.

OfficeVirginiaQ3 2024

Key Metrics

MetricValue
Negative Absorption1.5million SF
Direct Vacancy Rate17.6%
Asking Rent33.24$ PSF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Virginia? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.