Monday, April 16, 2012

Morning Real Estate Review

D.C. Office Market Report: Maryland National Capital Region Leads Suburbs (Metro Business Media) While the nation's capital continued its usual lead in office space construction, another surprise quarter occurred with the Maryland National Capital region taking leading the surrounding region.

Alexandria Waterfront Plan On Hold After Board Rules for Opponents (American University Radio) Alexandria is prepared to appeal a ruling from the Board of Zoning Appeals that could overturn a controversial waterfront plan. In a late night vote, the Alexandria Board of Zoning Appeals sides with opponents.

Vornado will consider all options in trying to satisfy shareholders (Reuters) The REIT's far-flung holdings have not translated into heavy returns for shareholders, and the firm says it will consider all options in trying to right itself.

LivingSocial moves into new offices in Shaw (Washington Post) With 200 new employees at the long vacant corner in Shaw, the area is gearing up for yet more growth.

US home-buying season finally signaling a recovery (Bloomberg Businessweek) Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.

Should federal laws on DC's height limits be relaxed?
(Washington Post) Proposed revisions to the antiquated law would protect the downtown core, leaving it nearly unchanged, with the possibility of somewhat higher limits further out.


David Edmondson on Apr 16, 2012, 11:55:00 AM said...

The Living Social office is in the Mount Vernon Square neighborhood, not Shaw.

Jimble on Apr 16, 2012, 11:00:00 PM said...

Nice renovation but really disappointing to see potentially prime retail space at a key intersection used for offices.


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