Peris Construction

🏙️ DC Trophy Office Rents Are Climbing — Here’s Why That Matters

According to Bisnow, the top tier of DC’s office market is defying trends. Trophy and Class A spaces are commanding record rents, and tenants are willing to pay a premium — but only for the best of the best.

This reinforces what we at Peris Construction see every day:
👉 Tenants are choosing quality over quantity.
👉 Companies want spaces that attract top talent and reflect their brand.
👉 Landlords who invest in high-end renovations are seeing the ROI.

💡 If your building falls short of “trophy” — it’s time to upgrade.
From lobbies and amenity spaces to full floor tenant buildouts, we help reposition Class A properties to stand out in a competitive leasing market.

Want to turn your office asset into a top-performer?
Let’s talk.

📈 $77.50/SF — That’s What Trophy Office Space Is Fetching in DC

According to Bisnow, DC’s top-tier office assets are commanding record-high rents, with average trophy rates hitting $77.50/SF, and some spaces reaching $130/SF.

At the same time, older or unrenovated Class A buildings are struggling — seeing rising vacancy and downward pressure on rents.

🔎 What’s driving the divergence?

Tenants are consolidating footprints — but investing in quality space.

Trophy spaces offer amenities, design, and performance others simply don’t.

Buildings that haven’t been upgraded are being left behind.

At Peris Construction, we help owners reposition their Class A buildings to meet trophy-level expectations — from elevated lobbies and amenity centers to full tenant buildouts.

📊 The market has spoken:
Renovated = Leased.
Generic = Vacant.

Let’s make your asset competitive in today’s high-stakes leasing environment.