D.C. leads nation in office recovery

Washington leads all U.S. markets in the commercial real estate industry’s recovery, according to a quarterly report from Costar Group Inc. Its Commercial Real Estate Repeat Sales Index shows commercial property saw a 5 percent increase in pricing in the fourth quarter of 2010, and for all of last year commercial property rose 15 percent. Since hitting a market low, commercial real estate prices locally have recovered by 19 percent.