Washington Property Value Gains Beat New York as Jobs Boost Office Prices

"Office building prices climbed 15 percent in the U.S. capital city and 6 percent in New York, the only other city to show an increase, the Washington-based commercial real estate data provider said today. Values in Chicago fell the most in the group, 22 percent, and in Los Angeles they dropped 17 percent. San Francisco prices declined 13 percent, and Atlanta’s slipped 2 percent"