Washington region's office market plateaus as tenants stay put
October 7, 2011
By: Daniel J. Sernovitz

The lawyers at are in great demand these days, but not from crooks in need of a good defense or companies looking for help doing business with the federal government. ...

... Pillsbury is one of the hottest leasing tickets in town these days. The law firm has retained Studley Inc. brokers David Lipson and Lois Zambo to help it with its search, which Kearns said has been narrowed down to eight buildings in the Washington area. ...

... Studley, which represents tenants seeking space in the area, puts the region’s vacancy rate at just over 15 percent. That’s up barely a fraction from this time last year, and Lipson said he doesn’t see much in the pipeline that could cause vacancies to drop significantly in the near term. “It has not over the last year gotten worse, but it’s very flat,” he said. “There really is nothing going on.” ...

Link to article