Grubb and Ellis Commercial RE Reports DC Market leads the country.
A recent report released by Grubb & Ellis Commercial RE shows just how strong the DC region commercial real estate market is. The commercial office market is just slightly behind New York while the retail market leads the country. DC ranked in the middle of the pack for its multi family market and did not show up on the industrial market list.
This report once again confirms along with the recent Shiller report on the residential housing market, just how much stronger the DC region is in comparison to the rest of the country’s real estate markets. I would continue to see investors from around the US as well as international real estate investors continue to seek out the better investment opportunities in the DC region in the coming year.