From today's print edition of the
Washington Business Journal: "CNN and a couple of law firms are sampling the wares in Southeast DC by taking tours of new office buildings cropping up around the
new baseball stadium. No leases have been signed yet, but the buzz of these high-profile tenants looking at Southeast as an option is quite a victory for a neighborhood formerly known as an industrial zone crawling with seediness and crime. [...] Also, rents in Southeast are expected to be around $40 per square foot for full service, $20 to $30 cheaper than new or renovated buildings in the Central Business District." Of course, right now, "tours of new office buildings" means
20 M Street, the only
new office building currently completed and with plenty of space to lease. But by 2009 there will also be
100 M,
55 M, and probably
250 M and
1111 New Jersey. And maybe a couple more, depending on what happens within the next few months at
Square 699N,
Square 697 (Nation), and the Willco site at 83 M. (The article fudges a bit by mentioning 1.8 million square feet of office space was under construction in Near Southeast back in December, but, well, 1.35 million of that was the
DOT HQ.)
UPDATE: Added the
link to the story, since WBJ was nice enough to bring it out from behind the pay wall.