DC Developments Produce The Best Returns For BXP The Boston-based REIT achieves a higher rate of return on buildings it delivers in the D.C. area than it does in its five other markets, Piper Sandler analysts said in a report this month on the D.C. market. The report says BXP’s D.C. developments consistently deliver 8%-plus returns over time. Piper Sandler Managing …
AI Firm CoreWeave Expands D.C. Office By 79% CoreWeave inked a 22,590 SF lease at Nuveen’s 1001 Pennsylvania Ave. NW, expanding its footprint by 79%, according to a third-quarter JLL report. CoreWeave was included in JLL’s report in a section highlighting tenants maintaining and growing their footprints in D.C. It shows that during the third quarter, 68% of tenants that …
Mayor Bowser Previews Growth Agenda Legislation, Announces New Vitality Fund and Growth Fund Recipients Mayor Muriel Bowser previewed legislation as part of her Growth Agenda, aimed at cutting red tape, enhancing revenue, and encouraging commercial investment. She also announced nine recipients of the District’s Vitality Fund and Growth Fund, which together support the growth and …
Mayor Bowser pledges to reintroduce parts of growth agenda After scoring final approval from the D.C. Council to redevelop the RFK Stadium campus and return the Washington Commanders to D.C., Mayor Muriel Bowser is returning to her growth agenda. “It is true that we have a lot of great things happening in the District, and …
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