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ASKIN' ABOUT THE BID-ASK

WASHINGTON DC 10.19.2017

THE FAIRFAX COUNTY STATE OF THE MARKET

Development Pipeline and Current Projects

Katherine Bonnafé -- Combined Properties
Greg Trimmer -- JBG SMITH
Alex Nyhan -- First Washington Realty
ASKIN' ABOUT THE BID-ASK
joe foltz martin buckhead bid-ask gap piedmont center
Foltz Martin began as a law firm in the 1980s  focused on the CRE industry. Like CRE, it's grown since then—significantly. We sat down with Foltz Martin partner Joe Foltz, who tells us his firm has experienced increased deal flow as the infamous bid-ask gap narrows. ?There is more liquidity  in the market, so the prices sellers were looking for are closer,? he says. Interestingly, he also says sellers are motivated to sell assets now under the  fear  that capital gains  rates will  rise  after the next election, no matter who's in office.
 
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