If you are looking for a new apartment in D.C., it may be in the same spot where you used to sit in a cubicle.
The D.C. metro area continues to be one of the top spots in the country for office-to-apartment conversions.
According to RentCafe, the D.C. metro area has around 6,500 apartment units in the pipeline that were formerly office spaces or hotels. That’s a 12% jump compared to last year.
“You have the largest pipeline and planned office-to-apartment conversions in the country,” said Doug Ressler, manager of business intelligence with real estate research company Yardi Matrix. “And when we say pipeline, that means planned perspective or under construction.”
Click here to read the rest of the story written by Luke Lukert over at WTOP
