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Rafael Etzion and Altus Realty are moving forward with a renovation of 1275 K St. NW, and they have retained Gensler to design it and Newmark to lease it.
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The number of CRE transactions through the first nine months of this year is at the lowest level since 2011, Altus Group found.
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Altus Group is bringing back a former top executive to lead the firm as it shifts its focus from building out operations to optimizing for profitability.
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JLL's Global Bid Intensity Index has barely budged since October, signaling stable demand dynamics even as a wave of properties come to market for sale.
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The average price per square foot of retail in the D.C. region increased by 27% between 2024 and 2025, more than double the national growth.
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Property prices are on the rise overall, but the gap between those seeing the most growth and those seeing the least is a new record.
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