DPC Companies Acquires Atrium Plaza, DC’s Office Exodus Continues

DPC Companies acquires the Atrium Plaza, solidifying their presence in the commercial real estate market. Meanwhile, Washington D.C. experiences a significant office exodus, with a quarter of office space now empty. Also, BBG Real Estate Services promotes two executives to Managing Director, strengthening their leadership team in New York City. Plus, Target announces the largest store in the St. Louis area, bringing economic growth and job opportunities to University City.

Sources:
https://milehighcre.com/dpc-companies-acquires-dtc-office-building-atrium-plaza/
https://wjla.com/features/i-team/out-of-the-office-washington-dc-office-space-vacant-vacancy-k-street-corridor-work-from-home-remote-real-estate-business-economy-for-lease-rent-available-cbre-group-inc-jll
https://www.prnewswire.com/news-releases/bbg-real-estate-services-expands-new-york-city-office-leadership-team-with-the-promotion-of-two-executives-to-managing-director-302214566.html
https://www.ksdk.com/article/money/business/target-coming-to-market-at-olive-university-city/63-b6fe5bb4-5fc9-4553-ab90-7bde78e4bd6a

Outline:
(00:00:00) Introduction
(00:00:42) DPC Companies Acquires DTC Office Building, Atrium Plaza
(00:03:28) Out of the Office: DC's office space is emptier than ever
(00:06:19) BBG Real Estate Services Expands New York City Office Leadership Team with the Promotion of Two Executives to Managing Director
(00:09:31) Largest Target store in St. Louis area coming soon to University City development