Monday, January 7, 2008

Douglas Jemal: More Places Than You Think

This afternoon while driving from my office located just around the corner from Logan Circle to one of my clients developments I happen to pass a building at the corner of Florida and Georgia Ave NW. To my surprise was the recent addition of 'for lease' signs in every window and right below was the infamous name Douglas Development. Thats right, DC's very own Trump owns this too and he's looking for a new tenant.

As an aside, the man is absolutely intelligent. History shows us his ability to choose wisely but upon closer consideration, most of his properties are either corner lots, 1+ acre parcels/assemblages or prevent someone else from having an assemblage. Keep his strategy in mind during your next investment....

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