In Q2 2025, deal velocity slowed in the District with only three leases over 50,000 square feet. The largest was the Department of Justice renewing and contracting its space at 145 N Street NE to 402,787 square feet, reducing its footprint by nearly 175,000 square feet. Two law firms, Cooley LLP and BakerHostetler, signed new relocation leases of 125,680 and 82,275 square feet, both downsizing.
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