"The commitment by ownership to fully renovating this projectwill give it new visibility in the leasing market," say Bob Hinesand Scott Killie of real estate services firm Trammell Crow Co.Currently, class A office space in the Southwest area of theDistrict goes for an average of $42.25 per sf, as opposed to classB space, which goes for an average of $33.75.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.