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March 14, 2014

We recently released an article about the Top 5 Worst Markets for Office Space in the D.C. area. Those areas had the highest vacancy rates in the Washington, D.C. area according to a Transwestern report.

Demand for Class-C and Class-B office space is at near all-time lows and at the same time tenants are adamant about leasing Class-A office space. In some sub markets the demand is so great that Class-A office space available is now below 1 percent.

March 7, 2014

Still reeling from its 2013 end-of-year data breaches, Target Corporation (NYSE:TGT) is busy reassuring shareholders, investors and even congress that it has everything under control but what about the customers including those affected by the data breaches? Besides months away, “better” anti-fraud technology and credit monitoring services, has Target replaced any of its policies that got it into this mess in the first place?

Here are three ways Target can make a bad situation better.

Target, your local DMV?

February 13, 2014

In the world of commercial office space, a market with a vacancy rate of 10 percent is considered stable; anything below that percentage is to be coveted.  Logically, developers should flock to a market with a low office inventory, especially one with short supply of Class-A office space.  After all, someone is leasing all that space right?

November 13, 2012

Following suit of a successful opening weekend, the rest of DC Week 2012 proved to be an outstanding gathering of the Metro-area’s brightest minds in the tech industry.

November 5, 2012

November is here and so is Digital Capital Week – Washington’s largest celebration of new and upcoming tech innovators.  Now in its third year, the weeklong series of events is already off to a fantastic start.  Nearly half of the fourteen sessions and parties between Friday and Sunday sold out.

October 4, 2012

After a brief hiatus, the renowned Washington, D.C. Green Festival returned to the nation’s capital during the last weekend of September.  Thousands of visitors flocked to the Walter E. Washington Convention Center to see what they could learn about living sustainably, in a world where every action matters.

April 13, 2012

While the nation's capital continued its usual lead in office space construction, another surprise quarter occurred with the Maryland National Capital region leading the surrounding region.

According to March data from the Bethesda, Mid-Atlantic regional office of Transwestern and its research subsidiary, Alexandria-based Delta Associates, there was an estimated 7,204,726 square feet of office space under construction or reconstruction in the D.C. area.

April 3, 2012

Herndon-based Volkswagen of America reported its percent best monthly March sales total since 1973. The German automaker was able to increase sales by 34.6 percent but this time led by more than one model line surpassing the 10k mark.

Volkswagen of America sold 36,588 units; it is the sixth month that the automaker surpassed at least a 30 percent increase in sales and the 31st consecutive month of sales increases.

February 3, 2012

Approximately 55 days left, before the March 30thdeadline for mid-size Investment Advisory firms to deregister with the SEC and register with their principal states.  In Part I, of our article, we spoke with the Associate Commissioner for Washington D.C’s Department of Insurance, Securities, and Banking (DISB).  

December 20, 2011

Kaizen Karate Teaches The Japanese Concept for Health and self-Improvement

Preparations for the New Year begin as self-reflection and determination of future goals come to mind. Ultimately we might ask: "How do I improve upon myself?".

Viran Ranasinghe has meditated on these words many times. As the founder of Kaizen Karate, Viran or “Coach V,” has made it his mission to teach his students how to build a stronger sense of self.

December 13, 2011
The D.C. area was a contender for the relocation but didn't make the short list

The highly watched Sears headquarters relocation is likely to be decided by the end of the year and with no move at all coming from the nation's fourth largest retailer.

December 9, 2011
federal government allowed 96 percent of the office space under construction in the Maryland National Capital Region to be pre-leased

With a big help from the federal government, Maryland's "economic engine", Montgomery County, has managed to lead all jurisdictions outside the district in office space construction -- with nearly all of Montgomery County's primary office markets participating.

The latest data from Transwestern Mid-Atlantic with headquarters in Bethesda, shows office space construction in the county stands at nearly 2 million square feet, that puts it ahead of surrounding area jurisdictions including Fairfax and Arlington counties in Virginia.

October 7, 2011

Fairfax County and Washington Examiner newspaper argue over Dulles Rail costs

Fairfax County Director of Public Affairs, Merni Fitzgerald is refuting claims made by a Washington Examiner newspaper editorial that the Dulles rail project is no longer on schedule, is over budget, and lacks transparency to the public.

The statement was posted on the Fairfax County government website calling the editorial titled "Airports authority head lied, and transparency died", a piece full of inaccuracies and stating opinions as facts.

August 25, 2011

No one knows more about wasteful spending than the government, and healthcare is on top of most people’s list when it comes to wasteful spending. Since 2009 the focus has shifted towards bringing down the cost of healthcare spending.

August 23, 2011

An earthquake of 5.8 magnitude was felt in the D.C. area.

The earthquake epicenter is said to be in the Fredericksburg area.













Earthquake Details From the USGS

·         This event has been reviewed by a seismologist.

 

August 19, 2011

Virginia and Maryland were amongst the 28 states that the U.S. Bureau of Labor Statistics said had their jobless rates increase in July 2011. Along with D.C., the jurisdictions with jobless rate increases totaled 29.

The bureau also said nine states had rate decreases and 13 had virtually zero change in their unemployment rate.

But Maryland and Virginia posted small rate increases while the District of Columbia showed a rate change that was much higher than in June 2011.

August 12, 2011

After huge swings in the stock market over the last several days, management at companies in the area find it a good time to stock up

AvalonBay Communities, Inc.  (NYSE:AVB),  Chairman of the Board, Bryce Blair, accumulated almost 18,000 shares through various transactions between the August 9th and 10th.

All-in-all the Chairman of one of the largest multifamily developers in the D.C. area, made transactions (acquiring and disposing) totaling 35,800 shares of Arlington-based AvalonBay stock and got in as low as $48.60.

August 9, 2011

Rockville-based Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) is aiming for a higher quality portfolio to appease shareholders.

The 16 property industrial portfolio will be dumped through deals consisting of five separate transactions totaling $350 Million—to be completed by the end of the year.

June 25, 2015

It's that time of the year again for one of the most anticipated state business rankings lists. CNBC has released its annual list of “America's Top States for Business” in 2015. States are ranked under ten categories and only one will be victorious. The top state on the list came as a surprise to many, Minnesota jumped from the number six spot in last year's list to become the number one state to conduct business in 2015.

December 29, 2014

The Washington Post’s Capital Business section released its Post 200 mid-month. The local business report includes a variety of lists, ranking local companies in the D.C. area (and part of the Baltimore area as well) from largest by industry to largest by revenue for example.

April 23, 2014

If you are a young professional working in Washington, D.C., one thing you’ve probably noticed by now is that there is a fairly large gap between your monthly income and the city’s monthly rent requirements. Not everyone can afford the “luxury” apartments in Foggy Bottom, Georgetown, or Dupont Circle; so what’s a cash-strapped young professional to do?

March 12, 2014

Bethesda, Maryland-based Lockheed Martin (NYSE: LMT) is expected to close on the purchase of a Massachusetts-based cyber security company within the next 30 days.

Lockheed Martin is making a strategic move to not only grow in the relatively new cyber security sector but also diversify its services beyond Federal government contracts. The U.S. Federal government is in the midst of cutting defense spending and dumping large amounts of office space in favor of smaller spaces in the Washington, D.C. area.

February 27, 2014

Tysons Corner, Virginia-based Capital One Financial Corp (NYSE: COF) has an issue on its hands that is snowballing out of control worse than the weather around its D.C. area headquarters.

February 21, 2014

The Baltimore/Washington International Thurgood Marshall Airport had a total of 22,498,353 commercial passengers flow through its gates in 2013 making it – once again – the busiest airport in the Washington, D.C. area.