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D.C. Office Owner Cuts Asking Rent In Half As Anchor Tenant Prepares To Vacate
With WilmerHale vacating, EastBanc is reducing the rent at 1875 Pennsylvania Ave. to $29/SF, but it is offering no concessions and not renovating the property.
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With WilmerHale vacating, EastBanc is reducing the rent at 1875 Pennsylvania Ave. to $29/SF, but it is offering no concessions and not renovating the property.
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The Japanese food hall is the first retail tenant to sign on at the huge Capitol Crossing development, which has experienced a slower-than-expected lease-up.
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AJ Wood won collegiate soccer championships, participated in the Olympics and played six years of professional soccer before joining commercial real estate.
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Tenants are fleeing U.S. office space in vast numbers.
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Lab leases dominated the largest 10 deals in Boston and nearby suburbs in 2020, although downtown saw some transactions over 75K.
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New Q3 reports from CBRE, JLL, Savills and Cushman & Wakefield shed light on the challenges the D.C. office market has faced during the pandemic.
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Segro begins construction work on 5M SF Midlands shed scheme as agents await sub 3.5% yields
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E-commerce has pumped up the industrial market, but it won't last, says NAIOP.
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Houston's total vacancy rate could get worse before it gets better.
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