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The Former Riggs Bank Building, Now Pnc Bank, At The Intersection Of M Street And Wisconsin Avenue In Georgetown
Population: 31,200
Average Household Income: $149,300
Median Home Sale Price: $1M
87.5% of residents have a bachelor's degree and 61% of those have a graduate degree
More than 300 shops and boutiques and over 120 restaurants
More than 50 salons, spas, gyms and yoga studios
Nine Metrobus routes, two Circulator routes, three major bike routes and six Capital Bikeshare stations
3.4M SF of offices in 132 buildings
Office net absorption in 2016 was around 15K+ SF
Five office buildings transacted with a $163.5M total dollar volume in 2016
Over 700 hotel rooms
Average hotel occupancy rates in 2016 were 70% and hospitality revenue totaled $75.7M
CRE statistics courtesy of the Georgetown Business Improvement District
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