Revathi Greenwood Revathi Greenwood

WASHINGTON, DC–Undoubtedly, the local CRE community has noticed office investment sales in downtown Washington DC are down this year compared to previous years. Now CBRE has done us the favor of quantifying that drop and putting it into context.

It reports that, at almost $1 billion, office sales volume in Downtown for the first five months of the year is half of the average sales volume during that time period for the preceding three years.