"This past quarter, Northern Virginia gained more leases than it lost for the first time since 2013, mostly because of the magnetic powers of Metro’s new Silver Line, according to realty company CBRE Group."
There's much more demand for commercial properties in transit oriented developments.
Yep and this hints that a transit strategy is a good way to revitalize some of these development. Especially if the transit line will attract mixed-use and residential developments.
"This past quarter, Northern Virginia gained more leases than it lost for the first time since 2013, mostly because of the magnetic powers of Metro’s new Silver Line, according to realty company CBRE Group."
There's much more demand for commercial properties in transit oriented developments.