Get the latest commercial real-estate news and trends, market analysis and valued opinions here.
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...
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...
by Sarah Krouse, Staff Reporter Washington Business Journal D.C.’s office vacancy rate will rise to the same level as Northern Virginia’s in the third...
Real Estate Bisnow Late this afternoon, Northrop Grumman announced that it plans to move its corporate HQ from Los Angeles to the DC region by 2011,...
by Richard J. McBride, Jr., President Micro-Markets Emerge Traditional economic analysis has provided an overview of a local market with information on...
by Richard J. McBride, President One of the things I’ll never understand about Star Wars is how Yoda and the rest of the Jedi could be so oblivious to...
by Richard J. McBride, Jr., President When historians look back at the rise and fall of various metropolitan centers in the 21st Century, Washington, DC...
News from Ecomomy Watch: Economic news and analysis with Frank Ahrens More unemployment figures are out today, and they show an increase in the District,...
By Kerr S. Evans, Principal, and Richard J. McBride, Jr., President, McBride Real Estate Services, Inc. Purpose: The District of Columbia’s Revenue...
By CHRISTINA S.N. LEWIS Wall Street Journal – Commercial Real Estate Printed in The Wall Street Journal, page A1 The U.S. Capitol building as seen...
Stop & Go Traffic It’s easy to make sweeping generalizations when you’re in the middle of a pronounced trend, but less so when you’re moving in fits & starts. Like highway driving in the DC area, it should only take about 20 minutes to travel from Tyson’s Corner to Downtown DC, but other than during the wee hours of the morning traffic stops or slows for no obvious reason. Frequently... [Read more...]
by Richard J. McBride, Jr., President Micro-Markets Emerge Traditional economic analysis has provided an overview of a local market with information on a variety of submarkets. We believe these general perspectives are valid, but frequently deceptive. The problem is that generalized views are grossly inadequate in describing the reality of the terms and conditions currently available for space... [Read more...]
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...]
by Marc A. Shandler, Principal, and P. Andrew Renart, Managing Director Location, Location (Re)location? The uncertainty in the market has, without a doubt, created opportunities for medical practices with leases expiring or those looking for additional locations. However, the most important aspect of taking advantage of an opportunity is to be prepared to recognize and act on an opportunity when... [Read more...]