Winter 2023

In Winter 2023, Dochter & Alexander finds a 13.64% vacancy rate for Washington, DC’s retail high streets. Vacancy is lower in suburban submarkets like Bethesda, Clarendon, and Rockville and in urban submarkets with a sizable residential component, like Columbia Heights and the 14th Street Corridor. In contrast, elevated vacancy rates in the East End and Central Business District illustrate the impact of widespread work-from-home policies on retail in dense office corridors.


Summer 2022

In Dochter & Alexander’s Summer 2022 Retail Market Report, retail vacancy averages 14.03% across DC as improving local metrics – metro ridership, hotel occupancy, and the unemployment rate – all support increased retail spending. With multiple venture capital-backed concepts actively seeking space in DC, at least 140 new shops and restaurants are now preparing to open.

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Past Market Research Reports

We have been monitoring the DC Retail Real Estate Market and providing quarterly reports since 2015.