The Washington, D.C., office market has continued to slow down throughout last year, as construction starts slightly decreased when compared to 2022. However, developers completed significantly more projects in 2023.

The largest project to commence construction in 2023 is the redevelopment of 600 Fifth, a 400,000-square-foot office building. A joint venture between Rockefeller Group and Stonebridge began the development process in June.

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