Monday Properties Secures Boeing, Several Others Despite Slow Leasing Pace
The Washington Post reports: Commercial real estate firm Monday Properties plans to announce today that Boeing will renew its lease for the entirety of a 12-story building in Rosslyn, securing a longtime tenant in the midst of a recession.
"I will tell you this is a tough time -- this is going to be difficult," said Peter Slatin, editorial director for the commercial real estate research firm Real Capital Analytics in New York. "Rosslyn is a great market, but nobody is getting construction loans and tenants are pulling back faster than people are really aware. I think leasing is likely to continue to fall off quickly next year."
View the full article on The Washington Post: Monday Properties Secures Boeing, Several Others Despite Slow Leasing Pace
Posted by: Nina Turner