Office

The firm states that its MVP Fund will focus on middle market real estate-based investments including joint ventures, active or passive investments, urban infill development projects, income producing properties and substantial value-added renovations including historic properties.

“There are a range of units and options we discuss with landlords.”

The workplace services company has signed two new deals in Washington, DC in the East End and Penn Quarter totaling 152,000 square feet.

Investment properties here commands high prices commensurate with a well-established market and reliable long-term appreciation, as evidenced by one office property, The Harbors, currently for sale.

The sector has grown five times as fast as the local economy since 2000, adding more than 85,000 jobs.

Office owners are entering the co-working market, providing flexible workspace options to prospective tenants—and they are giving operators stiff competition.