Washington Real Estate Investment Trust is known largely for its office holdings, but in a market like Washington, D.C., these days that’s not always a good thing. Office leasing activity is off considerably from where it stood just a few years ago, but demand for apartments, on the other hand, is still going strong. WashREIT CEO Paul McDermott believes that demand will help pick up the slack for his District-based real estate investment trust until office leasing returns to its normal pace in the…
from http://www.bizjournals.com/baltimore/news/2016/04/29/washreit-sees-room-for-growth-in-apartments.html?ana=RSS%26s=article_search
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