Awards &

Commercial real estate brokers find new paths to close leasing deals in Greater Washington
15th September, 2023
The road ahead may be unclear, but brokers are still finding ways to untangle the mess and make some deals.

D.C.’s vacancy rate would have risen even higher in the second quarter, per CBRE, had Philadelphia’s Post Brothers not stepped in and paid nearly $67 million for 2100 M St. NW, a 300,000-square-foot office building that will be converted to multifamily. Post Brothers alone is responsible for taking more than 1 million square feet of obsolete D.C. office out of service.
Read more at Washington Business Journal