Growth of Secondary Office Submarkets in Seattle and Washington D.C.

Central Business Districts (CBD) submarkets have historically been a sought-after office and retail asset market for international and local businesses.  The concentration of commercial activity, people, and accessibility in the submarket incentivizes businesses to relocate and take advantage of clustering and agglomeration economies.  CBDs often serve as a city’s financial or business district, making them… Continue Reading Growth of Secondary Office Submarkets in Seattle and Washington D.C.

Tysons: On The Road to Urbanization

In 2008 when county officials announced an ambitious plan to transform suburban Tysons into a vibrant, sustainable urban center, some local residents surely must have wondered whether it was a hoax. Located several miles west of downtown Washington and known as a major shopping hub, Tysons was filled with acres upon acres of parking lots… Continue Reading Tysons: On The Road to Urbanization