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18th Street For Lease?

by Prince Of Petworth October 24, 2008 at 12:00 pm 14 Comments

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I’ve noticed that 18th Street in Adams Morgan has tons of for lease signs up all up and down the block. Seems like a prime spot for business so I was surprised to see so many. Of course there’s the spot where Caribou coffee was that’s been closed since December. So why are there so many spots for lease? Are businesses moving to different sections of the city because the rent’s too high? Do you think this is a good thing because the strip is pretty congested anyway?

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