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January 30, 2023

D.C. Staring Down Big Apartment Pipeline As Population Flatlines, Leasing Slows

Register Today Before Price Increases Tomorrow For Time To Build: D.C. Region Major Projects Update
The vacancy rate for new apartments in Washington, D.C., is rising fast as a historic amount of product delivers to a city whose population has flatlined since the pandemic began.

D.C. Staring Down Big Apartment Pipeline As Population Flatlines, Leasing Slows

The vacancy rate for Class-A apartments in the District was 5.7% at the end of the year, up from 4.2% at the end of 2021, according to a fourth-quarter report from Delta Associates. That spike in vacancy was sharper than the increases in the Northern Virginia and suburban Maryland markets,…

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Another County Is Looking To Get In On Virginia's Data Center Boom With New Projects, Zoning District

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A developer hopes to build multiple data centers in Virginia’s Stafford County, and more data centers could follow close behind as the industry pushes into new territory.Stafford County has barely registered on the data center industry’s radar until now, but that might be about to change. An unnamed developer plans…

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PODCAST: Industrious CEO Jamie Hodari On The Future Of Office Branding

 

Office buildings are not known for generating brand identity or customer loyalty, certainly not in the way that hotels, gyms and airlines aim to. But that may have to change, according to Industrious CEO Jamie Hodari.

“The fact that historically people have not felt an affiliation or associate anything with a workplace brand does not mean that can’t be true in the future,” Hodari said on this week’s episode of Bisnow Reports. “Workplaces are at the beginning of their journey on that front.”

Click here to listen to the episode.

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IOS Was A Bright Spot Last Time Economic Clouds Darkened And Could Be Again

With stormier days ahead for commercial real estate, those betting on an asset class likely to thrive are flocking to industrial outdoor storage — if they can find the increasingly rare properties.

The niche industry is young and not without its challenges, including a fragmented seller base and a difficult financing market. But it has proved its resilience in a crisis before, growing into a $200B asset class during and after the last sharp economic downturn 15 years ago.

Read the full story here.

 
 
 
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