Washington, DC

“It is great for the Washington business community to see these two organizations join forces.”

WASHINGTON, DC--Spirit Bascom Ventures makes its first investment in the Washington DC area with its acquisition of Tribeca at Camp Springs.

“In analyzing renovated buildings, we found that any gain in rent, averaging 7%, was typically offset by the cost of renovation.”

Altus Group says CRE executives also are concerned about the impact of natural disasters on the US economy in 2018.

“There's a lot of capital and appetite from the private sector for infrastructure investment.”

“We're aware that disruptive technology is already changing the way we operate. What we don't comprehend exactly is what will happen next and how these changes will impact the way we work in the future.”

The REIT has experienced some setbacks in recent months including a dwindling share price.

“The rumor deals we're seeing out there have some TIs in the $150 per square foot range and free rent as much as 24 months.”