At this month’s Mastermind Meeting, DC group-members and guests shared their recent successes and observations of the local market. As the year has progressed, offshore investors have ramped up making deals on the market and solid appreciation of real estate values is creating unprecedented sales numbers. On the office leasing side, the DC market is experiencing a “muffin-top” effect as the glut of product in the pipeline is making it harder to lease the middle floors of buildings, making vacancy rates likely to creep up over the next few years. Topics also ranged from how tariffs may be affecting some deals as the price of raw steel dramatically increases and why the data center boom shows no sign of slowing, but will perhaps morph eventually as technology continues to advance.
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