X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.