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The outage, which originated in Northern Virginia, brought approximately 4GW of data center load offline

MANASSAS, VA. — Bethesda, Md.-based Finmarc Management Inc. has sold Festival at Manassas, a 117,675-square-foot shopping center in Northern Virginia, for $24.5 million. JCR Cos. purchased the grocery-anchored property, which is located at 10288-10388 Festival Lane in Manassas. Ryan Sciullo, Chris Munley, Colin…

RESTON, VA. — Comstock Holding Cos. Inc. has signed QTS Data Centers, a data center owner-operator owned by Blackstone, to a long-term office lease at Reston Station. QTS will occupy 77,000 square feet on the 11th, 12th and 13th floors at 1800 Reston Row Plaza, which serves as the company’s new corporate…

BXP announced that TekSynap has signed a long-term lease for a full floor totaling 26,500 square feet at Reston Town Center, BXP’s 5 million square foot mixed-use destination in Northern Virginia. TekSynap is an IT Mission Systems integrator and technology solutions provider serving federal civilian, defense, and…
Blue Owl Capital is pushing beyond Northern Virginia’s Data Center Alley after acquiring a 71-acre development site in Culpeper, Va., for $66.4 million. Blue Owl’s data center operator Stack Infrastructure purchased Culpeper Technology Park at 15140 Keyser Road from RACM. The transaction is equal to more than…
Federal IT contractor TekSynap has signed a long-term lease for a 26,500-square-foot floor at BXP’s Reston Town Center in Northern Virginia. TekSynap provides cloud integration, cybersecurity, software development and IT modernization services for civilian, defense and intelligence agencies. The Reston-based…

CHANTILLY, VA. — Finmarc Management Inc. has sold an 83,300-square-foot office/flex building and an adjacent 6.4-acre parcel within Park East Corporate Center in Chantilly, about 28 miles west of Washington, D.C. The Bethesda, Md.-based investment company sold the parcels, which total 14 acres, to Pulte Homes for…

JW Marriott Residencies Reston Station is a luxury condominium collection located within the landmark JW Marriott Hotel & Residences tower at Reston Station, one of the largest mixed-use, transit-oriented developments in the mid-Atlantic region....

WOODBRIDGE, VA. — Newmark has negotiated the $132 million sale of Featherstone Industrial Park, a 13-building, 734,606-square-foot industrial property in Woodbridge, a city in Northern Virginia that sits about 23 miles from Washington, D.C. The park is located about three miles from I-95 and was fully leased to 45…
Newmark has arranged the $132 million sale of the Featherstone Industrial Portfolio, a 13-building, 734,606-square-foot industrial portfolio in Woodbridge, Virginia, approximately 23 miles south of Washington, D.C. Senior Managing Director Ben McCarty, Executive Managing Directors Cris Abramson and Will Bradley,…

Northern Virginia's office market recorded new leasing of 530,000 square feet in Q1 2026, down from 1.1 million square feet in Q1 2025, with overall vacancy rising to 24.0% and asking rents reaching $35.81 per square foot on a full-service basis. Class A assets captured 85% of new leasing and 95% of renewals, with Fairfax leading regional activity at 348,000 square feet of new leasing, while net absorption remained slightly negative at negative 27,000 square feet for the quarter.

Northern Virginia's industrial market recorded 4,526 square feet of net absorption in Q1 2026, extending five consecutive quarters of positive absorption, with vacancy at 4.8% and overall asking rents at $17.23 per square foot. New leasing activity declined to 265,000 square feet in Q1 2026 from over 700,000 square feet in Q1 2025, with warehouse and distribution space dominating 87% of new leasing activity, while overall asking rents eased slightly but remained elevated relative to historical levels.

This is a data figures report published by CBRE on March 31, 2026, presenting first-quarter industrial sector figures for Northern Virginia.

This is a market report published by CBRE in December 2025 covering the data center sector in Northern Virginia as part of a broader analysis of North American data center trends in the second half of 2025. The report addresses the regional market within the context of national trends and includes geography tags for Northern Virginia, Virginia, the Washington-DC area, and Asia-Pacific.