Washington, DC Commercial Real Estate

 

 Featured Stories

 
17 December 14
London Remains World's Most Expensive Office Market London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey. The study also found that prime rents are rising fastest in the Americas, where real estate fundamentals continue to improve.
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10 December 14
CBRE Group, Inc. Launches Global Brand Positioning – “Build on Advantage” CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, today announced the launch of its new global brand positioning – transforming real estate into real advantage – along with a platform to express the positioning inside and outside the company, Build on Advantage.
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01 December 14
High-Tech Companies Account for More Than One-Fourth of The Region’s Office Leasing Activity CBRE Group, Inc. today announced Technology firms in the D.C. metro region leased over 4.1 million sq. ft. of office space between Q1 and Q3 2014, accounting for 27% of the region’s total leasing volume, according to CBRE, Inc.’s D.C. Tech Pulse: Metro Office Leasing Activity Snapshot research report.
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01 December 14
Equity Commonwealth Taps CBRE to Manage Properties in Washington, D.C./Baltimore CBRE Group, Inc. today announced that it began providing property management services to Equity Commonwealth for eight properties in the Washington, D.C./Baltimore, Maryland, area including1250 H Street NW (Herald Square) in Washington; 9713-9717 Key West Avenue (Danac Stiles Business Park) in Rockville and 111 Market Place (The Candler Building) in Baltimore, Maryland.
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25 November 14
Chip Olsen Returns to CBRE’s Charlotte Office as Senior Vice Presiden CBRE announced that Chip Olsen will step down from his current position as Senior Managing Director of CBRE’s Baltimore, MD, office, and join the firm’s Charlotte office as Senior Vice President within Brokerage.
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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.