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April 25, 2008

Wow! WorkSpaces, LLC, is THE full-service furniture dealership, and we don't just say that because they bought every ad space to the right! We've come to know them and use them, and they're great. They recently won ThyssenKrupp's gov't. affairs office account, and are providing 1,500 chairs for Volkswagen's new HQ!


Last night, the Wizards stuck it to Cleveland with a 108-72 victory at Verizon Center, after LeBron James dominated Washington the first two games of the playoffs. We of course sought out the real estate action.


Sure enough, in courtside seats we found America's Capital Partners' Doug Fleit and Brian Katz, first and third from left, with Cassidy's Paul and Bill Collins. Bill told us Cassidy has closed nine capital markets deals since December with an equal amount in the pipeline, for a total volume of $2 billion. "The real estate market is great," Bill says. "High quality stuff is for sale and people are buying it." We thought the market was down, which goes to show you can't believe everything you read in this publication. 

Green Earth

Platinum rapper Soulja Boy was in the house thanks to a "feud" with LeBron. Wizards guard DeShawn Stevenson said last month that LeBron is "over-rated." LeBron replied that such an insult was like Soulja Boy dissing Jay-Z, or Bisnow on Business dissing the Business Journal. So Stevenson invited Soulja Boy to the game as his guest, and Elliott Bisnow, left, invited himself. (Elliott allowed Soulja Boy to borrow his bling for this picture.)


How many guys does it take to use a pair of scissors?  On Wednesday we joined the ribbon cutting for the District's first Harris Teeter grocery store. Above, Harris Teeter president Fred Morganthall, Douglas Development's Douglas Jemal, Mayor Fenty, Council member Jim Graham, Norman Jemal, and Matthew Jemal do the honors in the produce section of the new 37k SF store, which sits in the old Kalorama skating rink building in Adam's Morgan.


Also on Wednesday, we joined the Energy Efficiency Partnership of Greater Washington (a $500M initiative launched by Pepco, financier Hannon Armstrong, and Virginia Tech) at the Meridian International Center. Big supporters above: Louis Dreyfus' Bob Braunohler, former AOL EVP George Vradenburg (now of civic group Chesapeake Crescent), Virginia Tech president Charles Steger, and developer Herb Miller.  The partnership announced that over 74M SF in the DC area has been identified for energy saving retrofits, which they said is like taking 45,000 cars off the road.  


Wednesday night, we co-hosted with our friends at Reznick Group a suite full of top real estate types at Nats Park, like Jones Lang's Kathy Allgier, Clark EVP Becky Owen, and Reznick's Jim Martinko. Kathy, head of JLL's development in the region, swung by after a ladies-only Texas Hold'em tournament. She's busy with renovations of Hotel Washington and 1801 K. Becky's working with CB's Santry and Frankel on leasing Capitol View, among many other Clark developments and ventures. And Jim?  He's just happy tax season is over.


The Nats went down to the Mets 7-2 but the weather was perfect and hot dogs and beer were abundant. Also with us: Orr Partner's Scott Siegel (who's been finishing up a big project for client Gulfstream in Savannah), MacFarlane's Brad Dockser (who used the sky box to get a new perspective on two projects he's involved with in the area: Half Street and The Yards), and.which oft-photographed Bisnow celebrity sometimes referred to as the "rich man's Paul Schulman"?  Click on the circle to find out.

These guys seem to be everywhere, including at our real estate events—so we love 'em:  Redskins' President of Business Operations Dennis Greene, right, and lieutenant John Schliemant. We hadn't realized that Dennis came to DC in '01 from Chicago, where he'd been running Dan Snyder's largest ad agency businesses. Football is not a seasonal sport for them: They're jazzed about the nine picks the 'Skins have in this weekend's draft, and new coach Jim Zorn. Dennis says Zorn became the guy after his name kept coming up from all the other candidates interviewed.


On another recent evening, three amigos who went to the Masters together were back in business attire but at least still outside at a Rosslyn party:  Wachovia 1031 guru James Brennan, net lease guru Jon Hipp, and JK Movers EVP Steve Kuhn. Jon's heading up to New York to moderate a 500-person conference next week on the single tenant income real estate market. Steve says JK has 275 trucks, 600 employees, 500k SF of warehouses, and for Earth Day officially announced a major sustainability initiative.


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