Washington, DC Commercial Real Estate

 

 Featured Stories

 
14 August 14
High-Tech Industry Growth Powers Strong Rent Increases In Washington, D.C. and Baltimore Over Past Two Years Robust high-tech employment has played a major role in the recovery of the U.S. office market and has helped fuel double-digit rent growth in eight U.S. markets over past two years, according to CBRE Group, Inc.’s latest research report, U.S. Tech-Twenty: Measuring Office Market Impact. The Bay Area accounted for the top three markets for rent growth – San Francisco, Silicon Valley and the San Francisco Peninsula respectively – followed by Manhattan, Denver, Austin, Boston and San Diego. Washington, D.C. ranked 15 and Baltimore ranked 14 in terms rent growth.
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12 AUGUST 14

CBRE has been appointed by Multi-Employer Property Trust (MEPT) and its real estate advisor, Bentall Kennedy, as the exclusive leasing agent for Patriots Plaza I, II and III, a 981,116-square-foot office complex located in Southwest Washington, D.C. The three building campus, located at 395, 375, and 355 E Street, SW, combines the security features and first-class amenities most sought after today by businesses and government agencies in the Washington, D.C. area.
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31 July 14
CBRE Sells Rare Multi-Tenant Industrial Portfolio in Baltimore Area CBRE arranged the sale of the Beltway West Industrial Portfolio, six industrial/flex properties on the west side of Baltimore. Cabot Properties, a private equity real estate fund advisor, acquired the 369,979 square feet of properties from First Industrial Realty Trust, Inc.
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30 July 14
"Megapolitans" and Supply Chain Efficiency to Drive U.S. Industrial Market The ever-evolving global supply chain is prompting distribution companies that process freight shipments between the U.S. and Asia to optimize their U.S. industrial real estate portfolios to increase efficiencies and cost savings. These companies are heavily scrutinizing transportation costs in East Coast and West Coast seaports—and inland cities with strong transportation links—locating facilities in markets best able to serve established and emerging “megapolitan” areas in a quick, cost-effective manner, according to the latest report from CBRE Group, Inc., Transportation Cost Equivalence Line: East Coast vs. West Coast Ports.
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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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 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.