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WASHINGTON, DC-J Street Cos. just inked a 7,784 square foot lease with United Steelworkers at The Demonet Building in Dupont Circle, but that is not why J Street principal Geoff Kieffer is hopeful about the city’s leasing market. Or rather, that is not only the reason why he is hopeful.

Kieffer points to a small but, in his eyes, significant indicator that the market is starting to wake up again: more tour activity, including at The Demonet Building, which is located at 1155 Connecticut Ave., NW. “Deals are still taking forever to get done but we are definitely seeing more tours, which is an important sign.” In short, he says, the area is starting to shake off its sequestration slump.

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