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15 Things You Need to Know This Morning

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Bisnow Morning Brief Washington DC

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15 Things You Need to Know This Morning
REAL ESTATE CHART OF THE DAY
Last week, joint venture between TIAA-CREF and Norges' purchase of 800 17th Street NW for $1,074 / SF shattered the $1000 / SF barrier in the District of Columbia. Office rents for D.C. trophy properties remain strong as the yield premium relative to Treasury rates seems to justify these record-high prices.
 
Source: JLL Research

15 OTHER THINGS YOU NEED TO KNOW THIS MORNING

Deal to Bring Wegmans to Tysons Falls Apart
$122M in Acquisition Financing Arranged for Canal Center in Alexandria
Toll Brothers' DC March Continues with Approval of Union Place
Montgomery School Officials Say Development Moratorium Possible
3rd Annual Washington DC Construction Summit (Nov. 6th)
Kessler Becomes Head of Cohn Reznick's National Real Estate Practice
Affordable Housing Program Gone Awry Leaves Developer’s Condos Vacant
City Overrules Historic Preservation Board on Controversial Anacostia Project
World Resources Institute Expands in DC’S NoMa
Arlington County Summit: Millenials, Office, and Mixed-Use... Oh My!! (Nov. 18)
Residential Project Planned above La Lomita Restaurant in Hill East
Embassy Row Hotel in Dupont Circle to Embark on Phase II of $15M Renovation
Southern Cuisine Spot Due South Coming to the Lumber Shed
Home Prices in Logan Circle Rise 22 Percent Between 2013 and 2014
Bethesda Building to Have $10.5M Penthouse

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