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Say Goodbye to the Bottom

Washington DC Office

Hotel isn't the only sector poised for a return. Colliers International's Phil Briedenbach has a positive outlook for office. While more than 2M SF of positive absorption happened last year, Phil notes it's an uneven number, as it occurred mainly in 15 buildings. In 2014, watch for the return of small bread-and-butter tenants and even—dare we say it—spec. (Interesting note: Spec adds space to the market, while bread and butter adds space to the waistline.)