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Ritchie Station Marketplace Groundbreaking

Fri, 24 Apr 2015 15:15:41 Z
Last Friday was all about Dave & Buster’s and Phase III development at Ritchie Station Marketplace! We kicked off Phase III with a ceremonial groundbreaking at the site of the new restaurant/arcade/sports bar, Dave & Buster’s. The 40,000-square-foot restaurant will add 250 new jobs to Prince George’s County. Council Member Derrick L. Davis opened and closed the … Continue reading

Prince George’s State of the County Breakfast

Thu, 23 Apr 2015 13:04:24 Z
Last Thursday, the Prince George’s County Economic Development Corporation hosted a breakfast event at Colony South Hotel & Convention Center in Clinton, MD. It was a fantastic event with speeches from Prince George’s County elected officials about what’s been happening in the county and where it’s going from here. EDC President & CEO Gwen McCall talked … Continue reading

Prince George’s County Q4 2014 Office Market Report Shows the Market is Poised for Significant Change

Tue, 03 Mar 2015 20:59:16 Z
NAI Michael has just released its fourth quarter office market report for Prince George’s County, covering everything from vacancy and rental rates to absorption trends and construction in the area. Though the year end numbers indicate a lot of vacancy, market conditions continue to be favorable for both buyers and sellers. Office Vacancy Office vacancy … Continue reading

Prince George’s County Industrial Market Trend Report Predicts Growth in 2015

Wed, 04 Feb 2015 15:41:00 Z
NAI Michael released its fourth quarter market report recently, which analyzes vacancy rates, average rental rates and the construction pipeline, as well as major sale and lease transactions. What this report forecasts is a positive absorption and rental rate growth for this year. Moving into 2015, vacancy should decrease due to the positive absorption in … Continue reading

Looking to the Future of the Prince George’s County Industrial Market

Mon, 01 Dec 2014 18:59:25 Z
It’s been an interesting year for the Prince George’s County industrial market; average rental rates have dropped since 2013, but have remained steady in 2014, and construction throughout the county has increased with many anticipated deliveries in the coming months. Two significant industrial spaces are expected to delivery in December 2014, bringing a total of … Continue reading

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