Vacancy has increased in one of the top U.S. office markets, Washington, D.C., but at least one expert says the drop is just a minor blip that signifies investors should seize on properties while they can. The office market in the capital posted one of the highest vacancy increases in the nation at 30 basis points, according to a CBRE’s second quarter 2014 market report. Washington D.C.’s vacancy rate jumped up to 15.1 percent, and average rents dropped by 1.3 percent to $35.50 ...
NREIonline.com Freemium Content
"D.C. Office Occupancy Drops, but Investor Demand Still High" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.