Non-profits dominate the Washington, D.C., commercial real estate scene with more than 1 million square feet of office space over 1,200 associations, according to a new report from JLL.
The firm calls the sector "the most stable leasing volume of all industry sectors in DC" as they accounted for almost 15% of DC's lease volume in 2023.
Of the 16 sectors in DC, non-profits are the only sector to maintain around the same leasing volume in the years before and after the pandemic.
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