With a background that includes running CBRE’s DC office, Ernie Jarvis is well aware of the consolidation occurring within the commercial real estate sector and wants no part of it. Jarvis recently announced the launch of Jarvis Commercial Real Estate, a full-service, hyperlocal brokerage that aims to be the opposite of global, publicly-traded real estate firms.
- The majority of commercial real estate deals in D.C. are under 50,000 square feet.
- The neighborhoods of NoMa, Southeast Waterfront and Southwest Waterfront are now attracting a host of businesses.
- More businesses are downsizing, leasing smaller spaces to increase employee collaboration.