Soft office market means better deals
- July 26, 2012 |
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Walt Williams
Available D.C.-area office space growing; landlords more willing to offer concessions Most associations looking for office space in Washington, D.C., or the surrounding region continue to have the upper hand when negotiating with property owners, and that is translating into favorable terms for those groups. RELATED CONTENT Plan early, lay out your goals before starting office hunt Capitol creep The vacancy rate for all classes of office space in the D.C. area has generally increased since at least 2010, according to recent analyses by the commercial real estate firms CBRE and Delta Associates. A lack of office leasing by the federal government, recent downsizing… Read More
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