Banks also fall into the daily needs category, but they require a different strategy and footprint, GlobeSt.com reports in this EXCLUSIVE story.

Plans call for the building to be razed and the site combined with other components to create a larger assemblage for a mixed-use condominium project.

The office market saw incremental improvements during the third quarter, but transformative projects are also moving forward.

“The Blackwell Building represented one of the longest average lease terms of any building brought to market in Washington, DC region.”