Washington, DC Commercial Real Estate

 

 Featured Stories

 
19 November 14
New CBRE Report Ranks Northern Virginia as One of the Five Most Attractive Markets in U.S. for Leasing a Data Center The growing reliance on cloud computing is reshaping traditional network computing and boosting demand for leased data center space in the U.S. For occupiers, Northern Virginia ranks among the five most attractive markets for leasing a data center, according to CBRE Group, Inc.’s latest research report, Leasing a Data Center: U.S. Market Cost Comparison.
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07 November 14
CBRE Arranges Two Full-Floor Lease Agreements in North Rockville CBRE has brokered two new leases totaling 46,671 square feet on behalf of owner LNR at Blackwell 2, a Class A office building located at 9600 Blackwell Road in Rockville, Maryland. Dataprise, Inc. and Shady Grove Fertility will each be leasing a full floor of the building under the new agreements.
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04 November 14
New CBRE Research Report Debunks Generational Myths about What Employees Want in the Workplace Age is less of a factor than widely thought when it comes to workplace preferences in the U.S., according to a new workplace strategy report by CBRE Group, Inc., Designing the office of the future? Don’t plan it around (what you think you know about) U.S. millennials. The study, based on aggregated CBRE Workplace Strategy surveys from more than 5,500 office workers across numerous industries, found that while current assumptions about millennials are driving the design of many workplaces today, there is actually little difference in workplace preferences between millennials, Generation Xers and baby boomers.
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31 October 14
CBRE Represents Dweck Properties, LTD. in Lease Renewal of Latham & Watkins Global law firm Latham & Watkins, LLP has signed a 15-year lease renewal for 238,000 square feet at Lincoln Square, 555 11th Street NW, a Trophy asset spanning the length of the entire block between E and F Streets, in the heart of Washington’s East End. CBRE’s Randy Harrell and Scott Frankel represented Dweck Properties, Ltd. in the transaction.
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20 October 14
CBRE Releases 8th Annual Nonprofit Benchmarking Survey Nonprofits are adopting new approaches toward more efficient operations, including tightened square-footage-per-person metrics and wider conversations around workplace solutions, according to the eighth annual Nonprofit Real Estate Benchmarking Survey released by the CBRE Nonprofit Practice Group. The survey included responses from organizations spanning 26 states plus the District of Columbia. Washington, DC joined New York City and Chicago for the highest numbers of responses, which reveal insight into how nonprofits utilize and manage real estate, evaluate occupancy issues, and plan for the future.
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 Office Description

 
The Washington, DC office of CBRE is one of the country's most active market areas. More than 75 professionals provide a complete spectrum of commercial real estate brokerage services including owner and tenant leasing, acquisition and sales, marketing and consulting to owners, investors and occupiers of all property types.
 
The Washington, DC competitive office market is comprised of 121.4 million square feet in almost 700 properties in nine submarkets throughout the District of Columbia. The core downtown markets of the CBD and East End hold the majority of office product with 38.2 million square feet and 42.4 million square feet, respectively. Capitol Hill consists of 4.8 million square feet, while Southwest has more than 12.0 million square feet. Uptown and Georgetown, the most western and northern submarkets, have a combined 9.8 million square feet. Since 2005, two new submarkets, NOMA and Capitol Riverfront, were formed, and they currently are comprised of more than 12.0 million square feet. In total, the District of Columbia accounts for over 32% of the Washington, DC Metro Region’s competitive office real estate market.
 
Please visit CBRE's Washington, DC Area page.