Jonathan Lehrfeld, CoStar Group Journalist Profile

Articles

Office-to-residential conversions get boost in DC suburbs as US housing needs grow

1 week ago | costar.com | Jonathan Lehrfeld

A suburban Maryland county near Washington, D.C., approved incentives to convert largely vacant office buildings into housing, following moves in the District and Virginia, in an action that drew some pushback from the county leader who says it sacrifices needed tax revenue.
Work starts on apartment complex at former Frederick, Maryland, office site

1 week ago | costar.com | Jonathan Lehrfeld

A developer is underway on the transformation of an office site in Frederick, Maryland, into a 300-unit multifamily property that will offer new housing near the city’s downtown. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber? Sign InHave feedback or questions? Email us at [email protected]
Virginia developer expands office portfolio with acquisition near White House

2 weeks ago | costar.com | Jonathan Lehrfeld

Taicoon plans to modernize facade of 818 Connecticut Ave. NW, add new amenitiesApril 10, 2025 | 8:53 P.M. Taicoon Property Partners, a developer from the Washington area that is planning a luxury condo project in Northern Virginia, added an office building near the White House to its portfolio. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers.
DC office building anchored by city agencies attracts buyer in challenging market

2 weeks ago | costar.com | Jonathan Lehrfeld

Easterly pays nearly $119 million for Capitol Plaza I in city's NoMa neighborhoodApril 10, 2025 | 3:26 P.M. An office building in Washington, D.C., that counts city government groups as its anchor tenants sold to a real estate investment trust for nearly $119 million in a sign that well-leased properties can attract buyers even in a challenging sales market. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
US lawmakers spar over what to do with aging, vacant federal buildings

2 weeks ago | costar.com | Jonathan Lehrfeld

In an aging, empty federal office building in Washington, D.C., members of Congress argued over the best approach to manage the government’s large real estate portfolio as a watchdog agency said new data is expected to be collected this year that could assist in major decisions on the properties. The House Oversight Committee’s subcommittee on Delivering on Government Efficiency, or DOGE, met Tuesday in an auditorium at the Wilbur J. Cohen Federal Building at 330 Independence Ave.
JLL launches healthcare hub to capitalize on demand for outpatient services

2 weeks ago | costar.com | Jonathan Lehrfeld

JLL has tapped Executive Managing Director Brannan Moss to lead a new healthcare hub designed to help clients optimize their medical property portfolios and win more business in the sector as demand for outpatient services continues to increase.
Apartment rents expected to accelerate across country as demand stays solid, completions moderate

2 weeks ago | costar.com | Jonathan Lehrfeld

Apartment rents across the United States are expected to accelerate at a quicker clip in the second quarter as demand remains solid and the number of units completed continues to slow. Nationally, year-over-year multifamily asking rents grew 1.1% this year through March, according to a report from Apartments.com, owned by CoStar Group. That is the same rate as the fourth quarter of 2024. Actual rents rose about 1% from the first quarter of 2024, according to the report.
Federal office cuts jolt brokers into new tactics

2 weeks ago | costar.com | Jonathan Lehrfeld

The Trump administration's evolving approach to shrinking the federal government's large portfolio of real estate is pushing property brokers to come up with new tools to track the changing requirements. U.S. officials have identified hundreds of federal leases to terminate and properties to sell, and issued shifting lists of consolidations, property dispositions and lease cancellation notices prompted by the administration's cost-cutting Department of Government Efficiency, or DOGE.
Stantec to acquire DC-based architecture firm Page

3 weeks ago | costar.com | Jonathan Lehrfeld

International design and engineering company Stantec said it will acquire Washington, D.C.-based architecture firm Page in a deal that would form one of the largest architecture companies in the country based on projected revenue, according to a Page executive. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More.
Eccentric former entertainment venue in DC hits the auction block

3 weeks ago | costar.com | Jonathan Lehrfeld

A former entertainment venue in the Ivy City neighborhood of Northeast Washington, D.C., is going up for auction. Originally built in 1939 and renovated in 2001, the four-story, nearly 37,000-square-foot property owned by Douglas Development previously was home to City Winery, part of a chain of performance venues across the country. The Washington location closed on Jan. 1, 2023, but the building they left behind is still a landmark with a mural of grape vines painted on the white-bricked facade.