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Press Releases
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Press Release
North American Data Center Construction Hit New Heights in 2024 Amid Surging Demand
March 6, 2025
North American data center pricing approached record levels in 2024, with Northern Virginia once again boasting the nation’s largest inventory, the greatest amount of new construction, and some of the highest average asking rates ($175 – $225) for wholesale colocation space in the nation, according to CBRE’s latest North American Data Center Trend Report.
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Press Release
Washington, D.C. Among Top Targets for Commercial Real Estate Investment in 2025, CBRE Survey Finds
February 12, 2025
A recent survey of commercial real estate investors ranked Washington, DC as a top 10 target among U.S. metros. The market rose six spots to #4 in CBRE’s 2025 U.S. Investor Intentions Survey.
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Press Release
New Ownership of 2101 L St NW Executes 67,710 Square Foot Lease Within One Month of Building Acquisition
February 3, 2025
Following the recent acquisition of 2101 L St NW by a joint-venture of BG Ventures and ELV Associates, the new ownership executed a 67,710 square foot lease with Page Southerland Page, a full-service design, architecture and engineering firm.
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CBRE announced today that Maximiliane (Maxi) Leachman has been promoted to Vice Chair, the highest rank for CBRE professionals within the company. A member of the firm’s market-leading Debt & Structured Finance Group, Leachman focuses on securing senior debt, mezzanine debt and equity for a wide variety of apartment/condominium, office, retail and industrial properties as well as development projects.
Research Reports
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Local Response | Intelligent Investment
Washington, DC-Baltimore Market
The life sciences cluster stretching across the Washington, D.C.-Baltimore region is one of the most important in the U.S., bolstered by the presence of federal government agencies and world-renown universities.
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The Greater Washington REVIVE Index advanced 1.3% in January from the previous month to 74.0—14.5% higher than this time in 2024. The recent performance reflects a larger trend of improving datapoints since the REVIVE index reached a post-pandemic trough in February 2024.
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Article
February 2025: Post-Election Resilience in Greater Washington May Help Soften Current Disruption
Greater Washington’s vibrancy continued to improve impressively post-election and through the end of 2024, ascending to a level of 73.4. This was not only 2.5% higher than the previous month, but 11.5% higher than one year ago.
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Greater Washington’s vibrancy continues to be surprisingly resilient with the latest results of the REVIVE index. The REVIVE index increased by 0.2% compared to the previous month, and is 8.4% higher than it was one year ago.
REVIVE: Exploring Greater Washington’s Vibrancy
Our data will shape your perspective on the Greater Washington region.
100 East Pratt Street
Suite 1700
Baltimore
,
MD
21202
4747 Bethesda Avenue
Suite 600
Bethesda
,
MD
20814
150 Granby Street
Suite 150
Norfolk
,
VA
23510
1802 Bayberry Court
Suite 201
Richmond
,
VA
23226
8350 Broad Street
Suite 1100
McLean
,
VA
22102
1900 N Street NW
Suite 700
Washington
,
DC
20036
Contacts
Heather Nevin
Senior Managing Director
