Concessions to tenants offset high cost of D.C. office space
- July 26, 2013 |
- Walt Williams
Rents in the region remain among the highest in the nation Related content As law firms move, associations fill in the empty spaces Asking rents for D.C. region The Washington, D.C., area is still very much a tenant's market for associations looking for office space, with rents holding steady but landlords likely to offer concessions to woo organizations into their buildings. Just how long will that last? Probably a few more years, real estate experts told CEO Update. Bottom line? Now is a good time for organizations to consider their office needs. "It is about as opportunistic as I have ever seen it," said Ken Patton, managing director of tenant representation at… Read More