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Thursday, 11 April 2002

Mid-Atlantic Regional Digest (4/12/02): DC Office Market Shines in New Report

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April 12, 2002

DC office market shines in new report
The Washington Business Journal

WASHINGTON – A quarterly Cushman & Wakefield report on office vacancy rates shows Washington is fairing much better than other major metropolitan areas. The report says U.S. downtown office vacancies rose to the highest level since 1997 in the first quarter, to 13.2 percent. That's up from 12 percent at the end of December, and from 8.3 percent a year ago. Cushman & Wakefield says Washington's 7.8 percent vacancy rate was the lowest among the markets tracked. Washington was followed by midtown New York at 9.3 percent and Houston at 9.8 percent – the only markets in the survey with vacancy rates below 10 percent. San Francisco's 24.4 percent vacancy rate ranks the highest.

Jerome S. McDermott, Rouse Co. exec and shopping mall innovator, dies
The Baltimore Sun

BALTIMORE – Jerome S. McDermott, a retired senior Rouse Co. executive credited with many innovations of the modern shopping mall, died of heart failure Monday at his Ellicott City, Md. home. He was 81 and a former resident of Towson, Md. As Rouse's director of property operations, he ran 22 malls and opened the retailing landmarks of Mondawmin and Columbia malls and Harborplace. The Baltimore native also was a founder of the International Council of Shopping Centers, a trade group with 40,000 members.

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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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