Washington DC 2nd Quarter 2010
August 24, 2010 by admin · Leave a Comment
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 [...]
Washington DC 1st Quarter 2010
May 14, 2010 by admin · Leave a Comment
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 [...]
Washington DC 4th Quarter 2009
February 9, 2010 by richard · Leave a Comment
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 [...]
Washington DC 4th Quarter 2009 Medical Space Report
April 19, 2010 by Elizabeth Gilhuly · Leave a Comment
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 [...]
Washington, DC 4th Quarter 2003
November 22, 2009 by admin · Leave a Comment
Overview We’re #1. The Washington, DC Metropolitan area led the nation in absorption last year. While it wasn’t exactly a return to the heyday of the tech boom, the local commercial real estate markets appear to be re-gaining traction. The local economy has gone back to its fundamental strengths, as government requirements and their related [...]
Washington, DC 3rd Quarter 2003
November 22, 2009 by admin · Leave a Comment
Overview In spite of being in the midst of a ‘jobless recovery’, employers located within Washington, DC continue to grow and absorb space at a healthy clip. Of course, given that the Federal government is the largest single employer in the District, doesn’t hurt. Nevertheless, law firms accounted for the majority (51%) of all new [...]
Washington, DC 2nd Quarter 2003
November 22, 2009 by admin · Leave a Comment
Overview The strong regional economy, improvements in the hospitality and tourism sector and the continuous growth of local law firms have kept the Washington, DC area real estate market performing well. Office leasing statistics for the second quarter of 2003 show positive trends as the vacancy rate was stable at 5.9%, net absorption was 457,000 [...]
Washington, DC 3rd Quarter 2004
November 22, 2009 by admin · Leave a Comment
Leading the Nation Washington, DC’s office markets have performed in a way that other US cities can only regard with a combination of awe and envy. In the past 12 months, our Metropolitan area has absorbed over 12 Million Square Feet of space. The 3rd Quarter alone accounted for almost 5.5 Million square feet of [...]
Washington, DC Year End 2004
November 22, 2009 by admin · Leave a Comment
Market Momentum The Washington, DC metropolitan area commercial real estate market was running on all cylinders last quarter, finishing off a very healthy year with strong absorption, higher rents and lower vacancies. Given that our market added almost 80,000 new jobs last year, it is not surprising that our Metropolitan area absorbed over 10 Million [...]
Washington, DC Mid Year 2004
November 22, 2009 by admin · Leave a Comment
A Rising Tide Raises All Costs Washington, DC’s office markets have led the nation in a way that other markets can only regard with a combination of awe and envy. In the past 12 months, our Metropolitan area has absorbed over 12 Million Square Feet of space. The 3rd Quarter alone accounted for almost 5.5 [...]
