Washington, DC CAM Reconciliation Guide
Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Washington, DC commercial landlords.
Current Vacancy Rates
Source: CBRE/JLL Q4 2025 Market Reports
Average CAM per Square Foot
Property Tax System
DC Office of Tax and Revenue (OTR) / County assessors in VA and MD suburbs
DC: File with Board of Real Property Assessments by April 1. VA: File with Board of Equalization. MD: File with SDAT within 45 days of notice.
DC: ~1.89% commercial; VA suburbs: ~1.0-1.2%; MD suburbs: ~1.0-1.3%
Key Submarkets
CAM Billing Considerations
- Federal government lease expirations driving vacancy spikes
- Three-jurisdiction metro (DC/VA/MD) with different tax systems
- LEED/green building mandates affect operating expense structures
- BRAC and federal telework policies create unique demand patterns
- DC Clean Energy Omnibus Act compliance costs in CAM
BOMA International (HQ) / BOMA Suburban Maryland
Market Context
The tri-jurisdiction nature of DC metro makes CAM reconciliation uniquely complex — a single portfolio may span DC, Virginia, and Maryland, each with different tax assessment systems, appeal processes, and escalation calendars.
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