If you don't see images, click here to view
Story Ideas  Events 

To ensure delivery, please add newsletter@bisnow.com to your address book, learn how
Real Estate Bisnow
LegalTechAssociationWomenMedicalThe Scene
January 26, 2009  

We're proud to announce our next Bisnow Breakfast & Schmooze: with CEO and Founding Chairman of the US Green Building Council, Rick Fedrizzi. BLT restaurant in DC, Thursday, Feb 12. Hot breakfast, hot topic, extra Schmooze time! Big thanks to sponsors Calvert Jones and Pillsbury! Sign up.


Yes, we know more on the topic of green will seem a bit like product placement (we trust you read our shout-out above), but, even in a recession the subject's still in, maybe more so. Anyhow, before we interrupted ourselves: Being a LEED accredited professional today can be a boon in all real estate sectors, from brokerage to property management.


Here's Jones Lang LaSalle's PDS sustainability market lead Frank Mobilio, one of JLL's 21 LEED-APs in the Baltimore/Washington area. (The firm had a goal of reaching 200 such professionals nationally last year and surpassed it by 130.) He tells us more owners and tenants will be checking off the sustainability box as a result of new environmental initiatives, like the Clean and Affordable Energy Act of 2007, and D.C.'s building code updates, which promote low-flow restroom fixtures, cool roofing, and energy performance updates. These changes impact not just new construction, but renovations and ongoing property upgrades.


Frank and colleague Ken Patton discuss one of their current projects: the LEED-CI Gold build-out for the Union of Concerned Scientists at 1825 K and the Human Rights Campaign HQ at 1640 Rhode Island, which had one of the first green roofs downtown.  Owners and tenants are also preparing for mandatory Energy Star benchmarking starting in '10 for buildings over 200k SF (which will eventually lower to 50k SF in '13). Frank's also prepping for kayaking season on the Potomac and Columbia Marsh near Cold Spring, NY; it will start when D.C.'s water temperature reaches 55?F.


130,852 SF and Counting

New Jersey-based Advance Realty has signed on six new tenants for its DC area portfolio over the last six weeks, says regional chief David Fisher, like 88k for Intersections, Inc., at two locations in Chantilly, and 42k at Metro East Business Campus in Landover for tenants like Optimal Solutions and Technologies. All were done under the asking rate, and another 50,000 SF is nearing letter of intent.

Non Profit Village

Lower rents is the plan Woodmark has for 901 E, which we snapped the other day. They just landed a leasing and property management mandate from Philadelphia-based Pew Charitable Trusts. Well, to be exact, offering discounted rent ($8-10 SF less) was always the plan for this space, even before the recession became official. Pew is occupying some of the building, but the rest has been dedicated to other non-profits. You can see from the lights on there is already some occupancy.

Branson in DC
One last inaugural picture: Virgin Atlantic mogul Richard Branson at Bob Johnson's party at Posh with Michael Hines of TTR Sotheby's International Realty.


We took this last night of sous chef Mike Kraus and beverage director Scott Worsham at hot new Art & Soul on Capitol Hill, where we sojourned for Sunday dinner. It was opened in the Liaison Hotel across from the Hyatt Regency by Art Smith, Oprah's chef for 10 years in Chicago. It's got 135 seats (another 70 on the patio in better weather), is two blocks from Union Station, does "southern regional" cuisine like spiced-rubbed ahi tuna with fried green tomatoes, and will probably become even more popular in the Chicago revival era of Obama.  

Reznick Group
Forrester Construction
Cardinal Bank
CONTACT EDITORIAL                             CONTACT ADVERTISING                              CONTACT GENERAL INFO

This newsletter is a journalistic news source which accepts no payment for featured interviews. It is supported by conventional advertisers clearly identified in the right hand column. You have been selected to receive it either through prior contact or professional association. If you have received it in error, please accept our apologies and unsubscribe at bottom of the newsletter. ? 2009, Bisnow on Business, Inc., 1323 Connecticut Avenue, NW, Washington, DC 20036. All rights reserved.

Arlington Economic Development Arlington Real Estate Showcase Registration The JBG Companies Monday Properties