Washington Business Journal

Drilling down more in the East End, the vacancy rate along F Street, at almost 38.4%, is the highest in the region. There’s nearly 611,700 square feet of vacant retail in the submarket, out of an inventory of nearly 2.9 million, and much of that empty space is along 7th or F streets, per Dochter & Alexander. That’s not to say Chinatown’s a sinking ship, per Dochter. There are signs of climbing interest, thanks to factors including Monumental’s renewed commitment to Capital One Arena…

A historic building near Union Station that played a role in the Civil Rights Movement could soon get a new lease on life. The nearly 10,000-square-foot building at 2 Massachusetts Ave. NW is being marketed to new tenants, roughly four months after Truist Financial Corp. (NYSE: TFC) shuttered its bank branch there as part of a larger wave of closures.

Foxtrot Market’s Old Town Alexandria store is being marketed to new tenants, a little more than two weeks after the retailer abruptly shuttered all of its locations, including nearly a dozen in Greater Washington. Dochter & Alexander Retail Advisors has begun seeking replacements for the 4,254-square-foot space at 701 King St., per marketing information the retail broker recently posted to its website.

An adult arcade-centered eatertainment concept featuring Formula 1 racing simulators is coming to Northeast D.C., as part of a much larger, national expansion for London-based F1 Arcade.

The leases are part of a larger flurry of deals that have helped lower Georgetown’s retail vacancy rate to around 13.5%, per Dochter & Alexander Retail Advisors, from nearly 18% during the worst of the Covid-19 pandemic.

A rebooted version of what Alexandria’s Carlyle Club was meant to be is coming to downtown D.C. Owner Brennan Reilly has leased the 12,000-square-foot former Pennsylvania 6 restaurant at 1350 Eye St. NW, where he’s working on plans for a pair of concepts, event venue Carlyle Room and Brennan’s Bar. It’ll be a return to what Reilly hoped the Carlyle Club would become when it opened about 15 years ago. The venue will feature more live events and performances than the former one did in Alexandria’s Carlyle neighborhood.

Amazon Fresh is open for business in the D.C. region. The first of Amazon.com Inc.’s full-size branded grocery stores in Greater Washington opened its doors Thursday morning to a crowd of more than 300 who started showing up around 4:30 a.m. They were greeted by green-and-white balloons, security directing motorists in the parking lot, music playing from speakers outside the store, free swag, and lots of technology on display up and down the aisles of the Amazon Fresh in Franconia.

The Covid-19 pandemic has forced many businesses across Greater Washington and the country to close up shop, leading to a fast-changing dynamic when it comes to retail space. Before the pandemic, there was a 6.9% vacancy rate among 22 million square feet of high street retail in the region, according to research from Dochter & Alexander Retail Advisors. That figure has jumped to 15.8%…

The man at least partially responsible for sweetgreen’s growth into a nationally recognized brand is now looking to do the same for other companies and he’s teaming up with a local retail heavyweight to do it.

Principals of Dochter & Alexander recognized in Washington Business Journal Power 100 List. David Dochter & Matthew Alexander sited for their work progressing retail real estate in the Washington DC region.