Top 5 reasons to take office space in Washington D.C.

Looking for office space in America can be a confusing and tough business. Where to go, what kind of commercial real estate to take and how much to pay are all vital questions which you need to ask yourself before you make any serious commitment. I can’t help you with which type of commercial property to pick and how much to pay but I can help you with where you should go – Washington D.C.!

Yep, Washington D.C. is the obvious choice for any business looking to take office space in America. Below are my top 5 reasons to take office space in Washington D.C.

1.      1. Washington D.C. is the capital of the United States! Founded in 1790, Washington D.C. now has a population of nearly 600,000, which swells to more than 1 million during the working week. This means any business placed in the capital will never be short of customers or neighbours! Home to 174 foreign embassies, Washington D.C. is governed by a mayor and a 13-member city council.

2.      2. Washington office space is some of the best in the world. Rich in quality A-Grade commercial real estate, the state is home to the headquarters of some of the country’s biggest organizations, including the World Bank, the International Monetary Fund, the Organization of American States and the Pan America Health Organization. 5 of the Fortune 500 companies are also placed in Washington D.C.

3.    3.  Washington D.C. is located in the humid subtropical climate zone, which means it boasts hot and humid summers and fairly mild winters. This makes it perfect for businesses which enjoy the sun and spending their weekends outdoors in the heat.

 4. On the back of the recent recession, Washington D.C. now boasts a growing, diversified economy. The state was one of the areas in the US which was least affected by the economic downturn – this is due to the fact that the government accounts for around 30% of all jobs in the Washington D.C area. In 2006, the state was named as one of the top 10 areas in the US which are most favourable to business expansion by Expansion Magazine, while the Washington Metropolitan Area had an unemployment rate of just 6.9% in January 2010.

5.  5.  Washington D.C. is full of things to do and see outside of office hours. The National Mall is a large, open park area in the center of the city. At the center of the Mall you’ll find the Washington Monument, the Lincoln Memorial and the Jefferson Pier. Those interested in history will love the National Archives and the National Museum of Natural History, while sight-seers will love the Tidal Basin. The John F. Kennedy Center for Performing Arts is home to the National Symphony Orchestra, while sport-lovers will adore the state’s teams including the Washington Wizards and Washington Capitals.

So there you have it; proof that Washington D.C. is an excellent choice for any business looking to take office space in the US.