We are your #1 source for Washington Commercial Real Estate listings. We track hundreds of free Washington Commercial Real Estate listings in our powerful commercial property database.
Search Washington Commercial Real Estate for lease or Washington Commercial Real Estate for sale below for free. Click the 'Search Washington Commercial Real Estate' button for a filtered Washington Commercial Real Estate listings search by city, type, size, etc. To view other commercial real estate listings in Washington by property type, please click on the Washington property type links located below the Washington Commercial Real Estate listings. For your convenience, we have included all of our Washington Commercial Real Estate listings below if you prefer to not filter your results.
Click here for an assisted search. We continually update our Washington Commercial Real Estate database, so please check back often.
Washington, D.C. Commercial Real Estate In-depth
Washington, D.C. is the capital of the United States. Washington is coterminous with the District of Columbia. The city and the district are located on the banks of the Potomac River and bordered by Virginia to the southwest and Maryland to the northwest, northeast, and southeast.
The Washington, D.C. area is expecte... Read More
Washington, D.C. Commercial Real Estate In-depth
Washington, D.C. is the capital of the United States. Washington is coterminous with the District of Columbia. The city and the district are located on the banks of the Potomac River and bordered by Virginia to the southwest and Maryland to the northwest, northeast, and southeast.
The Washington, D.C. area is expected to achieve a 58 percent increase (inflation adjusted) in its economic activity between 2000 and 2015, with the job base growing 29 percent and the resident population increasing 21 percent, making the need for commercial real estate in Washington, D.C., an important one. Key sectors driving the economy will continue to be the federal government, technology, construction, international business, and hospitality. Manufacturing has never been a strong suit; only 3.9 percent of area jobs were in manufacturing, and that figure is expected to fall to 2.8 percent by 2015.
Washington, D.C., has a growing economy that is also diversifying with a decreasing percentage of federal government jobs over the current and next decade and an increasing percentage of professional and business service jobs over the same period. With five Fortune 1000 companies (two of which are also Fortune 500 companies), and a large support infrastructure of professional services, including law, public relations, and architecture calling Washington, D.C. commercial real estate, the city is one of the Gamma World Cities. Washington, D.C., is also a leading city for global real estate investment, behind London, New York City, and Paris.
Indeed, people often think of Washington, D.C. as a "company town" where most people work for the federal government. However, in the early twenty-first century, only one of six workers in the area was on the government payroll. That figure is down from one in four in 1977. By contrast, there has been a great deal of growth in the private service sector, which now accounts for one of every three jobs. The need for commercial real estate in Washington D.C. is necessary; many of these employees work for companies who rely on government contracts. As the largest consumer of technological equipment and service in the world, the federal government stimulates business through purchases, research and development funding, and grant and loan programs. As a result, Washington commercial real estate is a magnet for growth industries, such as paper products, telecommunications, information and computer firms, and many service industries, especially tourism and hospitality firms. Nearly 50 of the major Fortune 500 companies use Washington D.C. commercial real estate. Washington, D.C. commercial real estate also provides homes to leading world, national, and regional financial institutions.
Washington, D.C. commercial real estate provides space for more than 500 publishing and printing companies in the district, which produce the vast array of documents generated by the federal government. In addition, the city houses more than 1,000 national associations' headquarters and lobby groups who need a presence in the district to attempt to shape and influence the legislation process on their own behalf.
The Capital City has an inventory of nearly 100 million square feet of office space. A key to office development has been the growth of the Metrorail subway stations. Washington, D.C. commercial real estate projects have typically followed the opening of new subway stops. Many of the new buildings are connected directly to the stations through underground tunnels that also serve retail stores and restaurants. Major residential projects on Pennsylvania Avenue N.W. and at Market Square include residential housing units mixed with other types of retail, office, and commercial uses. Minimize
Washington Commercial Real Estate Listings By Property Type:
Washington Bio-Tech, Dental, and Medical Space
Washington Industrial/Warehouse Space
Washington Investment
Washington Land
Washington Office Space
Washington Retail Space