Capital Insights: August 24, 2026

More than $210M has been spent across 10 renovation projects in D.C.’s commercial core since 2022, according to CBRE.

“There’s too much commodity office, but that doesn’t mean there’s too much good office,” Garfield Investments CEO John Mason said.

“There’s unequivocal momentum for both of those scenarios, and it’s intuitive,” CBRE Executive Vice President Tommy Cleaver said. “Users have stopped shopping on comps alone and started shopping on experience, and so those reposition executions and unique locations and views are being rewarded.”

Charlotte-based Moore & Van Allen is setting up shop at 900 17th St. NW, joining several other out-of-state law firms that have recently expanded to the nation’s capital to be closer to clients with federal ties and tap the region’s deep pool of legal talent.

The 3,600-square-foot office is expected to open on or around Oct. 1 and will be designed to accommodate expansion in key practice areas, the firm announced early Wednesday.

“We have served clients in D.C. for years, and establishing a dedicated office allows us to be even closer to our clients, the agencies and stakeholders they interact with, and the opportunities emerging in this market,” said Thomas Mitchell, the firm’s chair and managing partner.

The National Park Service is moving to transfer control of the D.C. Armory to the District as the D.C. National Guard plans to relocate from its longtime home ahead of the development of the surrounding RFK campus.

D.C.’s vision for the RFK campus includes 6,500 new residential units, offices, hotels, retail and plazas. All that development will be anchored by the $3.8 billion domed stadium that is slated to open in 2030.

The Washington Commanders last week announced a team of general contractors comprised of Clark Construction Group, Mortenson Co. and Smoot Construction Co. will lead construction on the 1.8-million-square-foot, 70,000-seat stadium.

Washingtonians have a bunch of new places they can fly nonstop — from Taipei to Cartagena and Cabo — as airlines expand their schedules at Dulles.

Dulles has launched around a dozen nonstop routes this year, with more coming this fall and winter.

The additions build on a period of rapid growth at Dulles, which handled a record 29 million passengers in 2025, including a record 10.5 million international travelers.

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