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Category Archives: Metro DC CRE

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500 Eighth Street NW

CRE Worldwide Posted on September 23, 2015 by Ramin SeddiqSeptember 23, 2015

Prudential Real Estate Investors, the real estate investment management and advisory business of Prudential Financial, Inc. has purchased 500 Eighth Street NW from Boston Properties for $318 million ($977.38/sf), according to the Washington Business Journal. Built in 2007, the ten-story, … Continue reading →

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

Sale-Leaseback of Calvert Woodley Property

CRE Worldwide Posted on August 16, 2015 by Ramin SeddiqAugust 16, 2015

Chevy Chase-based real estate services firm, Polinger Shannon Luchs Co. has acquired the 2,138sf retail storefront building at 4339 Connecticut Ave. NW from Ed Sands, the owner of Calvert Woodley Wines & Spirits for $6.75 million,

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Posted in Metro DC CRE | Tagged Leasing, RE Sales, Retail

Montgomery County’s Office Market – June 2015

CRE Worldwide Posted on June 27, 2015 by Ramin SeddiqJune 27, 2015

Eleven million square of office space in Montgomery County, MD was vacant as of Q2-2015, according to a report by Partners for Economic Solutions. In mid-2014, the county’s office inventory included 11 buildings that were either completely or almost completely … Continue reading →

Posted in Metro DC CRE | Tagged Economy, Government, Leasing, Office, Vacancy Rates

DC Industrial Sector – Q1 2015

CRE Worldwide Posted on June 4, 2015 by Ramin SeddiqJune 4, 2015

The DC Metro area has a 184 million square foot industrial market, according to Commercial Property Executive (citing a report from Avison Young). This sector’s vacancy rate was 9.4 percent in Q1 2015, one percent lower than Q1 2014 and the most … Continue reading →

Posted in Metro DC CRE | Tagged Industrial, Leasing, Vacancy Rates

Whole Foods Market to Open in Shaw

CRE Worldwide Posted on May 10, 2015 by Ramin SeddiqMay 10, 2015

Whole Foods Market has signed a lease to take 40,000sf of ground level retail at The Griffith – a 370,000sf mixed-use development at 965 Florida Ave. NW in DC’s Shaw neighborhood, according to GlobeSt.com. The brand name “cialis overnight shipping … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Multi-family, Retail

Improving Numbers for DC’s Trophy Office Market

CRE Worldwide Posted on March 1, 2015 by Ramin SeddiqMarch 1, 2015

The DC trophy office market vacancy rate fell to nine percent from 9.9 percent one year ago and 12.8 percent in 2012,

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Posted in Metro DC CRE | Tagged Economy, Leasing, Net Lease, Office, Vacancy Rates

Investment Sales in Metro DC Total $6 Billion for 2014

CRE Worldwide Posted on January 7, 2015 by Ramin SeddiqJanuary 7, 2015

Investment sales in the DC region totaled $6 billion in 2014, according to Washington Business Journal. Foreign investors accounted for 40 percent of the sales volume and 53 percent of the $6 Online health care providers always offer you a … Continue reading →

Posted in Metro DC CRE | Tagged Investments, RE Sales

Detroit’s Shinola to Open DC Location

CRE Worldwide Posted on November 22, 2014 by Ramin SeddiqNovember 22, 2014

Detroit-based Shinola intends to open a permanent location in DC’s Midcity, according to The Washington Post. Launched by Fossil founder Tom Kartsotis, the company produces watches, journals, bicycles and leather goods, among other things with a mission to return manufacturing … Continue reading →

Posted in Metro DC CRE | Tagged Economy, Retail

DC Tops US List for Expenditures on Housing

CRE Worldwide Posted on October 19, 2014 by Ramin SeddiqOctober 19, 2014

A recent report by the US Bureau of Labor Statistics indicates that in 2012, Washington DC topped the list of major US cities in household These are generic levitra professional more of disorders rather than diseases. Look for cr mes … Continue reading →

Posted in Metro DC CRE | Tagged Economy, Housing Market, Multi-family

The Cantata at 801 Third Street

CRE Worldwide Posted on August 13, 2014 by Ramin SeddiqAugust 13, 2014

The Wilkes Company and Quadrangle Development Corp. recently purchased two parcels on Third Street NW from the District of Columbia for $3.74 million. The developers intend to build a 350,000sf (324 unit) residential building (The Cantata) with a retail component and … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Multi-family, RE Sales, Retail

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