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Featured News
D.C. office rents hold steady
The world’s most expensive office markets have become significantly less expensive in the last year, but rents in the Washington metro region are holding...
Region’s jobless rate rises as strong sectors show weakness
D.C. area lost 24,000 jobs in past year as unemployment hit 6.2% Unemployment in the Washington region rose slightly in October, according to government...
McBride Market Reports
Washington DC 4th Quarter 2009
The Opportunities of Uncertainty For those that are ready to act in pursuit of an objective, uncertainly creates openings that aren’t normally available. This principle works effectively on many levels, from martial strategy to business negotiations. The current market continues to present plenty of uncertainty for tenants and landlords alike. The question is how will your organization take advantage... [Read more...]
Washington, DC 1st Quarter 2009
Riding Out A Tempest Even if you’re safely tied up in a hurricane hole, you’re still going to incur some damage before the skies clear and the seas calm. While Washington, DC is relatively well protected from the financial tempest raging through the rest of the country, this area is still getting banged around. Compounding our problems are the cross seas of general nervousness and uncertainly generated... [Read more...]
Washington, DC 2nd Quarter 2009
A Serving of Free Lunch Rent There may be no such thing as a free lunch, but free rent seems to be coming back in vogue. With a plethora of empty buildings being delivered across the metro area, rising vacancy rates and huge tenant concessions, it’s starting to look like the 1980’s all over again. What’s next? Skinny ties, leg warmers and new wave music? Rental rates may not be down to where... [Read more...]
Washington, DC 3rd Quarter 2009
It’s Just A Flesh Wound by Richard J. McBride Jr., President Like the Black Knight refusing to acknowledge defeat to King Arthur[1], the market continues to present an optimistic face in spite of evidence to the contrary. Fortunately for us, we get to play the role of King Arthur (for our clients) while landlords seem intent to carry on as the Black Knight. It may be “merely a scratch” to... [Read more...]
