Groups relocating find landlords are willing to bargain
- April 23, 2009 |
- hemmer
When Barbara Belmont, executive director of the Alexandria, Va.-based School Nutrition Association, started searching for new office space for her groups 50 employees two years ago, time was on her side. The longer we did nothing, said Belmont, the better the deals got. A few weeks ago, Belmont finally signed lease papers on some 15,000 square feet of space for less money than the group is paying now. The SNA will move to National Harbor, a massive development project with hotels and restaurants on the Potomac River in Maryland, seven miles south of the District of Columbia. The Capitol View building, located a half mile south of Capitol Hill, will be the new… Read More