Office

The strong office market continued at the start of 2020 as vacancy moved down slightly, from 20.1 to 19.7%, driven by solid first quarter absorption of almost 1.2 million square feet, according to the latest office report by JLL.

The $36-million loan for 180 Townsend office building closed amidst the recent capital markets turmoil resulting from the COVID-19 outbreak, while maintaining the same terms as originally set forth.

The CEO of Global Net Lease says COVID-19 has not had a negative impact on the company, which just announced it had closed on a multi-property refinancing for $76,4 million of several properties throughout France.

"There has never been a more important time than now to prudently and actively manage your property's expenses," a Trepp research report said

Paired with official government guidelines and CDC recommendations, Harwood Cares is Harwood's plan to promote the importance of social distancing and safety throughout the District as it relates to COVID-19.

With more companies announcing that employees can continue to work at home, the coronavirus epidemic may shift how and whether companies lease office space in the future.

A new analysis by CBRE found that companies across the globe are taking a cautious approach to returning to the office.

The Houston-based commercial real estate group takes a digital leasing approach to ensure teams are connected and responsive to help potential tenants make sound decisions.