C ommercial O ffice S potlight NAI GLOBAL
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Mid Atlantic Real Estate Journal — Commercial Office Spotlight — February 24 - March 9, 2017 — 11A
Inside: NAI Dileo-Bram............................................................................................................................................ 12A NAI Global. 13A NAI Michael............................................................................................................................................. 14-15A NAI James E. Hanson................................................................................................................................. 16A NAI Mertz. .................................................................................................................................................... 18A NAI Keystone............................................................................................................................................... 19A NAI Global offices are leaders in their local markets NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 6,700 local market professionals, managing in excess of over 400 million s/f of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due dili- gence, global supply chain and logistics consulting and related advisory services. NAI Global offices deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges. The overall U.S. industrial market recorded a net absorption of positive 80,048,240 s/f in the fourth quarter 2016. In comparison, the U.S. industrial market recorded a net absorption of positive 118,281,847 s/f in the third quarter 2016. “Looking at the retail side of things of the Mid-Atlantic area, the overall Washington DC retail market recorded a net absorption of positive 745,039 s/f in the fourth quarter 2016. said Jay Olshonsky, FRICS, SIOR , President of NAI Global, “In comparison, the Washington retail market recorded a net absorption of positive 401,086 s/f in the third quarter 2016.” The overall Philadelphia office market recorded a net absorption of positive 998,728 s/f in the fourth quarter 2016. In comparison, the Philadelphia office market recorded a net absorption of positive 1,449,583 s/f in the third quarter 2016. “Although there was a slowdown in projects completed last quarter, rising rents continue to signal a healthy real estate environment,” Olshonsky said. “Investors can remain confident with a number of major projects on the horizon,” he added. Jay Olshonsky
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