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REA
December 12, 2018  

MARKET SPOTLIGHT: Northern Virginia Office Properties

Amazon.com’s decision to open a huge Crystal City campus is expected to help revive office performance and valuations in Arlington County submarkets. The area’s average occupancy rate, which stood at 77.5% on Sept. 30, has never recovered from the last recession.Some $2.2 billion of large sales have closed so far this year, on par with last year’s $2.3 billion total.A sale of the Towers Crescent office park, listed by AEW...


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