Washington, DC Commercial Real Estate

 

 Featured Stories

 
15 July 14
Choice and Empowerment Unlock Productivity in the Workplace CBRE Research Finds A balance of different types of workspaces within an office environment is the key to improving worker productivity, according to a new research report from CBRE Group, Inc. When a company provides a variety of work spaces that employees can select from, CBRE says satisfaction levels increase 10 – 15 percent. Companies are also supporting the way employees work today: Research shows office workers spend less than 50 percent of their time at their desks, and the majority of their time interacting with others.
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08 July 14
CBRE Arranges Lease for Port of Baltimore Industrial Asset CBRE arranged the lease of the 293,872 square-foot Pointe Breeze Business Center, a combination of warehouse and office space adjacent to the Port of Baltimore at 2500 Broening Highway in Baltimore, MD. The major industrial asset was leased to B&E Storage, Inc. by Point Breeze, LLC.
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08 July 14
Republic Properties Corporation Announces $255 Million Equity and Debt Financing for Portals III Project CBRE’S Mid-Atlantic Debt and Structured Finance Group acted as exclusive advisor to Republic Properties in the $255 Million refinancing of Portals III, a 509,935 square-foot, 10-story Class A Office building located at 1201 Maryland Avenue, SW in the heart of the Southwest Riverfront submarket of Washington, DC. CBRE’s David Webb, Vice Chairman, and Jamie Butler, Vice President, led the financing effort on behalf of Republic Properties.
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07 July 14
CBRE Arranges Sale of Prime B-W Corridor Industrial Asset CBRE arranged the sale of a Class ‘A’ industrial property located in the Baltimore-Washington Corridor at 7448 Candlewood Road in Hanover, MD. The 278,586 square-foot asset was acquired from CBRE Global Investors, LLC, by Hartz Mountain Industries, Inc., for $18.71 million.
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30 June 14
Second Quarter DC-Area Office Market Tips Toward Modest Growth Although leasing activity remains largely subdued, the Washington, DC, region’s office markets experienced modest growth from tenant expansions and relocations, according to preliminary second-quarter research reports released by CBRE Group.
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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.