Efforts to increase buildings’ energy efficiency have moved beyond the “low-hanging fruit” stage, said industry leaders who convened at the 2013 Building Energy Summit held on March 26, 2013, in Washington, D.C. While progress has been made on many fronts, advocates still face challenges in convincing building owners and developers to invest in sustainability.
Federal agencies are under continuing pressure to reduce their demand for leased and build-to-suit space. They intend to reduce square footage used per employee, increase teleworking-and make better use of existing government buildings, administrators told a ULI WashingtonTrends conference audience. Commercial real estate developers and owners in the national capital region and beyond have long […]
StonebridgeCarras and Walton Street Capital today completed the sale to Northwestern Mutual of Two Constitution Square in Washington, D.C. for $305 million. The 589,000 square foot office building is leased to the U.S. General Services Administration (GSA) for the Department of Justice. The building is located at 145 N Street, N.E. in Washington, D.C.’s rapidly […]