¡Desconecta con la aplicación Player FM !
Movin' On Up: Strategies driving Northern Virginia’s growth
Manage episode 449644873 series 2644842
Regional economic development leader Victor Hoskins and CBRE’s Cathy Delcoco discuss Northern Virginia’s opportunities and challenges as well as its thriving real estate market.
Share these insights from this week’s episode:
· Northern Virginia is benefiting from substantial job growth, especially in the technology sector, including AI-related roles. Tech job growth supports demand for office space and housing.
· High-quality, amenity-rich office space is seeing strong demand. Tenants are willing to pay a premium for Class A trophy buildings with amenities, despite downsizing due to hybrid work.
· Older office buildings are being redeveloped into residential units or data centers. This represents an attractive buying opportunity for nimble investors.
233 episodios
Manage episode 449644873 series 2644842
Regional economic development leader Victor Hoskins and CBRE’s Cathy Delcoco discuss Northern Virginia’s opportunities and challenges as well as its thriving real estate market.
Share these insights from this week’s episode:
· Northern Virginia is benefiting from substantial job growth, especially in the technology sector, including AI-related roles. Tech job growth supports demand for office space and housing.
· High-quality, amenity-rich office space is seeing strong demand. Tenants are willing to pay a premium for Class A trophy buildings with amenities, despite downsizing due to hybrid work.
· Older office buildings are being redeveloped into residential units or data centers. This represents an attractive buying opportunity for nimble investors.
233 episodios
Alle episoder
×Bienvenido a Player FM!
Player FM está escaneando la web en busca de podcasts de alta calidad para que los disfrutes en este momento. Es la mejor aplicación de podcast y funciona en Android, iPhone y la web. Regístrate para sincronizar suscripciones a través de dispositivos.