Foreign Investors own a great deal of commercial real estate in the District of Columbia. They are funding major development projects and purchasing existing office buildings. Some of the investments are government funds from countries like Norway and Qatar, while others are from private investment groups in Korea, China, Germany, and Saudi Arabia. These foreign investors are all looking for a stable investment with predictable returns over a long period of time.
The head of Jones Lang LaSalle’s International Capital Group for the Americas, Stephen Collins, says that foreign investors want stability. “But they’re also looking for a market dynamic that has an ability not to produce more assets for lease or for sale. So Washington DC has a very finite…
