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Author Archives: Ramin Seddiq

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Washington Post Moves to One Franklin Square

CRE Worldwide Posted on December 16, 2015 by Ramin SeddiqDecember 16, 2015

The Washington Post moved to One Franklin Square (1301 K Street NW) over the weekend. The newspaper, owned by Amazon.com Inc. founder Jeff Bezos, leased about 300,000sf at the 627,511sf Class A office building owned by Hines. The Washington Post’s former … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Office

1250 23rd NW

CRE Worldwide Posted on December 2, 2015 by Ramin SeddiqDecember 3, 2015

Cambridge Property Group, LLC recently purchased the 128,571sf mixed-use property at 1250 23rd Street NW on behalf of its affiliate Galaxy, LLC, in partnership with Westport Capital Partners. Built in 1989 and renovated in 2010, the Class B building sold for … Continue reading →

Posted in Metro DC CRE | Tagged Investments, Leasing, Office, RE Sales

Chinese Investment in American Homes Doubles in Last Two Years

CRE Worldwide Posted on November 29, 2015 by Ramin SeddiqNovember 29, 2015

In the year ended in March, Chinese buyers spent $28.6 billion on homes in the US – more than double their purchases two years before,

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Posted in US CRE | Tagged Asia, China, Housing Market, Investments

Luxury Home Sales Take Larger Portion of DC Residential Property Market

CRE Worldwide Posted on November 24, 2015 by Ramin SeddiqNovember 24, 2015

Sales of single family homes in DC valued at more than $1 million increased from three percent of all home sales in 2001 to over 18 percent in 2015,

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Posted in Metro DC CRE | Tagged Housing Market, Pricing, RE Sales

Ballston Mall Redevelopment Moving Forward

CRE Worldwide Posted on November 22, 2015 by Ramin SeddiqNovember 22, 2015

The Arlington County Board voted 5–0 to approve changes to the site plan for Ballston Common Mall paving the way forward for the $317 million redevelopment of the under-performing 30-year-old shopping center owned by Forest City Washington,

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Posted in Metro DC CRE | Tagged Development, Government, Retail

DC Development Projects Concentrated around Metrorail Stations

CRE Worldwide Posted on November 13, 2015 by Ramin SeddiqNovember 22, 2015

According to the Washington, DC Economic Partnership Development Report (2015/2016 edition), there are nearly 159 million square feet under construction and in the development pipeline in the city. A mixture of half tea spoon of ginger juice with half boiled … Continue reading →

Posted in Metro DC CRE | Tagged Development

Construction – Q2-2015

CRE Worldwide Posted on November 12, 2015 by Ramin SeddiqNovember 12, 2015

The construction industry’s real gross output increased by 23.5 percent in Q2–2015, its eighth quarterly increase in the last nine quarters,

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Posted in US CRE | Tagged Construction, Economy

Guam’s Luxury Housing Market

CRE Worldwide Posted on November 5, 2015 by Ramin SeddiqNovember 5, 2015

From 2008 to the middle of 2014, only six homes in Guam sold for $1 million and above. From August 2014 to September 2015, there have been seven sales of homes priced at $1 million or greater,

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Posted in US CRE | Tagged Asia, Housing Market, RE Sales

China’s Economy – Q3-2015

CRE Worldwide Posted on October 29, 2015 by Ramin SeddiqOctober 29, 2015

Profits at Chinese industrial companies dropped by 8.8 percent in August from a year earlier, according to The Wall Street Journal. This drop represents the biggest monthly decline Shilajit is basically a rejuvenation herb which has been used in natural … Continue reading →

Posted in International CRE | Tagged Asia, China, Economy, Lending

Housing Market – September 2015

CRE Worldwide Posted on October 22, 2015 by Ramin SeddiqOctober 22, 2015

Closings on existing homes for September climbed 4.7 percent to a 5.55 million annualized rate, according to Bloomberg (citing research from the National Association of Realtors). The median price of an So, it is better going with oysters than spending … Continue reading →

Posted in US CRE | Tagged Economy, Housing Market, Pricing, RE Sales

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