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Metropolitan DC Local Politics
Reply to "The Pandemic Hit Cities Hard And Then There's Washington, DC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The data is coming in about downtown DC commercial real estate values. https://www.bizjournals.com/washington/news/2021/10/07/office-value-drop-downtown-dc-bid.html https://wtop.com/business-finance/2021/10/dc-office-vacancy-rate-hits-record-high-18-2/ https://wtop.com/business-finance/2021/10/dc-region-near-the-top-for-shedding-office-space/[/quote] Wow. The biggest concern for DC is in that it stands somewhat alone from other cities. [/quote] Ouch. But DC is so cool and where all the smart educated people want to live. “The great office give back is not universal. Among large cities, Austin, Salt Lake City, Miami and San Antonio have all seen a rise in office space being leased in the last year, and office rents are up on a year-over-year basis in 365 out of 380 metro areas tracked by CoStar, mostly secondary and tertiary markets.”[/quote]
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