Please ensure Javascript is enabled for purposes of website accessibility

vacancy

Default Alt Text
Aug 29, 2024

Watch this space

To understand office vacancy rates in Northern Virginia, Art Greenberg, the Washington, D.C.-based vice chairman for tenant advisory firm Savills Inc., employs the turkey sandwich test. In short, he explains, today’s workers want an office building where they can walk a block or two and find a half-dozen places to get a turkey sandwich for […]

Fix-it shop
Oct 30, 2023

Fix-it shop

Since becoming Arlington County’s economic development director in November 2022, Ryan Touhill’s most pressing challenge has been sharply delineated: The county’s office vacancy rate has hit 23.7%, nearly twice the national rate of 13.1%, a record high itself, according to the National Association of Realtors. Like other localities, Arlington is coping with multiple factors that [...]

Washington, D.C.-based Community Three Development is adapting these 1980s office buildings in Alexandria into Tide Lock, a luxury multifamily community. Photo by Shannon Ayres
Aug 30, 2023

Serving a repurpose

In Alexandria‘s Old Town North, a collection of three brick office buildings built in the 1980s is being transformed into Tide Lock, a community of 234 luxury apartments and condominiums featuring Potomac River views and space for retail and a nonprofit music school.  And last summer in the city’s Alexandria West neighborhood, tenants began moving […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.