Selasa, 14 Agustus 2012

Morning Real Estate Review

Costar report shows more DC retail needed even after Wal-Mart (Washington Post)  According to a new report by Costar, Washington D.C. proper is underserved by retailers - especially grocery stores - with 1 out of every 3 dollars spent on groceries by DC residents going outside the District, meaning that Wal-Mart won't harm DC retail.

Ivy City fights Gray's plan to create bus depot (Washington Post) One of the poorest neighborhoods in the city doesn't want DC's junk anymore and has filed a lawsuit.

Office vacancy rates in Arlington on the rise (Sun Gazette)  The rest of the U.S is also seeing higher commercial vacancy rates, leading to higher taxes for homeowners.

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