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Content about Washington, D.C.

July 30, 2015

Well... yes and no, according to Forbes 17th annual ranking of the Best Places for Business and Careers. Silver Spring ranked highest amongst Maryland jurisdictions surpassing Baltimore and Salisbury. The higher ranking for Silver Spring was elevated by its score in the education category where it placed third overall out of 200 places in the United States.

February 12, 2015

Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

‘Mass Exodus’ has been the word on the political streets for the past two weeks in Maryland’s state capital Annapolis. Screams of foul play have echoed from the county to state level in the ranks of the democratic leadership. The opposition is aimed squarely at the brand new republican Governor of Maryland, Larry Hogan.

April 4, 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?

April 4, 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 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 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.

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?

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?

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.

September 21, 2012

Fifteen days into September, the Small Press Expo of Bethesda, Maryland celebrated its 15th year of operation.  The exposition showcases some of the nation’s most innovative and inspiring graphic novels, comics, and cartoons.  In tradition, the event organizers invited only independent artists to speak and/or sell their works to fans and curious newcomers over the weekend.

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 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.

March 29, 2012

The arrival of 2012 has brought with it many questions, with varied answers ranging from reasonable to improbable to outright bizarre. When it comes to fashion, what can we expect to change and will anything remain the same?

December 14, 2011

Columbia Heights has been an evolving and dramatically changing area since the start of the 20thcentury.  The area is bounded by 16thstreet to the west, Georgia Avenue to the east, Florida Avenue to the south, and Spring Road to the north.  In the early 1900s, Columbia Heights was a highly desirable residential area, and it even had several streetcar lines connecting it to the central business district of Washington, DC. 

September 23, 2011

American Association for Cancer Research (AACR) held its fourth conference this week at the Grand Hyatt in Washington, D.C.

Arguably one of the most diverse regions in the nation in overall racial and ethnic demographics, it is confident to declare the Baltimore/Washington area -- at least -- the top three in diversity when it comes to the number of high-level professionals involved in the health industry from different racial and ethnic backgrounds.

August 24, 2011

Mclean-based Science Applications International Corporation (SAIC) (NYSE: SAI) will provide engineering and physical life sciences research and development services in Washington, D.C.

The defense contractor announced that it was awarded a prime contract by the United States Naval Research Laboratory (NRL) with a value of up to $19 Million.

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.

June 29, 2011

At the 2011 BIO International Convention being held throughout this week in Washington, D.C., Montgomery County Executive Isiah Leggett made a special announcement for the funding of a tax credit exclusively for biotechs.  

"...Montgomery County will provide a local fund of one million dollars in biotech credit for those businesses in Montgomery County" declared Leggett in front of an audience at the Bio Maryland exhibit.

July 21, 2015

A new player is about to enter the Washington, D.C. banking market and has selected Bethesda for its first branch location in the area. Pending approval from Maryland regulators, Carroll Community Bank could be open for business by the end of the year.

The bank’s parent, Carroll Bancorp (OTC: CROL), is a Syskesville-based company that has two branches in Carroll County, just northwest of Baltimore but it’s making a big jump over areas like Columbia or Towson to open its third branch in Bethesda.

July 16, 2015

Bethesda-based RLJ Lodging Trust (NYSE: RLJ) is finding good hotel deals from Washington,  D.C.  to Washington State. The Lodging trust announced its purchased a property on K street in Washington, D.C. and is about to close on another property in Seattle, Washington.

July 8, 2015

In a increasingly competitive D.C. Area office market – for landlords, Bethesda-based, First Potomac Realty Trust (NYSE: FPO) (NYSE: FPO-PA) managed to sign four new small lease transactions totaling 19,073 square feet, all within Washington, D.C.

July 8, 2015

In a increasingly competitive D.C. Area office market – for landlords, Bethesda-based, First Potomac Realty Trust (NYSE: FPO) (NYSE: FPO-PA) managed to sign four new small lease transactions totaling 19,073 square feet, all within Washington, D.C.