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The Shutdown May Have Stalled D.C.'s Investment Sales Market As It Was Ready To Take Off
News

The Shutdown May Have Stalled D.C.'s Investment Sales Market As It Was Ready To Take Off

... uncertainty from the shutdown, Kevill said the fundamentals of D.C's economy remain strong, and the investment sales market ... distribution facilities near the dense, wealthy population center of D.C. The leasing activity is bringing vacancy rates down: At ...

Jan 29, 2019
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D.C. skyline
News

D.C. Office Market Posts Strong Q3 With Rising Demand, Slowing Construction

... -plus SF leases from the General Services Administration or D.C. government tenants in the quarter, according to CBRE. Government ... ." CBRE also identified a slowdown in office construction. D.C. is on pace to finish the year with the total square footage ...

Oct 01, 2018
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WeWork Chills On The Pace Of London Expansion
News

WeWork Chills On The Pace Of London Expansion

... leasing more than 1M SF in 2017, the pace was always likely to drop. There was a ... all other firms in the sector increased their pace of acquisitions from a total of 858K SF ... occupier in London, New York and Washington, D.C., with more than 3M SF open or under ...

Jan 02, 2019
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United Bank Commits $270K Toward Affordable Housing Efforts In D.C. Neighborhoods Where Rents Are Spiking
News

United Bank Commits $270K Toward Affordable Housing Efforts In D.C. Neighborhoods Where Rents Are Spiking

... Capitol, are rising at the second-fastest pace in the nation, exceeded only by Skid ... to create affordable housing options in D.C., United Bank has committed $270K to ... Banking Joe LeMense said.  The D.C. government provides capital for many affordable housing ...

Nov 30, 2018
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D.C. construction
News

No End In Sight: Construction Costs Causing Headaches For D.C. Contractors, Developers

... sight." Clark Construction, the largest general contractor in the D.C. market, has seen annual growth in construction costs of 3 ... rising construction costs is front of mind for many D.C. developers. When a panel including Meridian Group Chief Investment ...

Jan 25, 2019
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JLL's John Sikaitis and HOK's Vincent Ng
News

5 Challenges Facing The D.C. Office Market

... the District have built offices at an ambitious pace this cycle, but the demand has not increased ... have been left behind. In 2001, D.C.'s suburban markets had a vacancy of 5 ... what it wants right now."  The pace of construction in D.C. has put a strain on ...

Sep 29, 2017
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LCOR The Commons Tysons
News

9 Developments That Could Bring Thousands Of Housing Units To The D.C. Region

... acre Walter Reed Army Medical Center Campus in Northwest D.C. The development team last year began demolition and infrastructure work ... Executives from Urban Atlantic, MRP Realty and other top D.C. development firms will discuss their plans at Bisnow's Major ...

Nov 26, 2018
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Property Group Partners President Jeffrey Sussman
News

PGP President Jeffrey Sussman Aims To Pick Up The Pace After Capitol Crossing's 'Slow' Leasing Start

... of the buildings and what we have to offer."  D.C. is experiencing a record surge in new office construction, with ... does not blame market conditions for Capitol Crossing's leasing pace, pointing out that new trophy developments near transit have outperformed ...

Aug 27, 2018
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Apartment balconies 100 K
News

Metro D.C. Apartment Rent Growth Hit An 8-Year High In 2018

... in the marketplace."  Every submarket in D.C. experienced rising rents, but the area  ... as D.C.-area developers continue to build new apartments at a faster pace. Delta ... this year, Rich said. But the pace of new construction starts also continues to ...

Jan 11, 2019
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900 G St. NW
News

D.C. Investment Sales Brokers On Why 2018 Deal Volume Is Down From Last Year

... Managing Director James Cassidy said, and the pace of deals this year felt roughly the ... growing demand for office in the D.C. suburbs to continue, especially with Amazon ... suburban markets." Brokers are confident the D.C. region will continue to have a ...

Dec 19, 2018
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