Arlington, VA Office Overview
Arlington’s notable real estate scenes include the Ashton Heights, Bluemont, and Clarendon - Courthouse office submarkets. While Arlington has a population of just over 230,000 people, the city is part of the Washington metropolitan region, which is home to over 6 million residents. The economy of Arlington is driven in large part by federal, state, and local government creating a robust demand for white collar office employment in the metro area.
As of mid-2017, the Arlington county office market encompasses over 37 million square feet of existing office space in properties larger than 50,000 square feet. Due to the stability of government employment, the area historically boasts one of the lowest unemployment rates in the Northeastern United States.
Arlington, VA Office Inventory Description
Located in Northern Virginia and across the Potomac River from Washington D.C., Arlington is home to countless government agencies and R&D companies. As part of the Washington metropolitan area, Arlington helps to generate the area&s nearly $436 billion in annual gross metropolitan product. Nearly 70% of the office space in Arlington is Class A or A+, while Class B office space adds another 30% of inventory to the Arlington commercial real estate market.
Some of the strongest demand for Class A office space in Arlington comes from the Bluemont office submarket. Located at the junction of the Curtis Memorial Parkway and Route 120, the area is home to trophy office buildings such as The Regent, 800 North Glebe, and Three Ballston Plaza at 1100 North Glebe Road.
Arlington, VA Commercial Inventory Breakdown
Office Spaces
Total: 44,606,428 SF
By square footage range:
- 50k to 100k SF: 1,083,036 SF / 2.43% of total office
- 100k to 500k SF: 35,962,325 SF / 80.62% of total office
- 500k to 1M SF: 5,750,894 SF / 12.89% of total office
- > 1M SF: 1,810,173 SF / 4.06% of total office
By class:
- Class A+: 1,140,000 SF / 2.56% of total office
- Class A: 27,726,157 SF / 62.16% of total office
- Class B: 10,020,361 SF / 22.46% of total office
Top 10 Largest Office Buildings
in Arlington
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Rosslyn Plaza Redevelopment - Phases 1, 3, & 5 | NEC North Kent Street & Wilson Blvd, 22209 | 1,810,173 | n/a |
| Crystal Plazas - Plaza Five Redevelopment | 223 23rd Street South, 22202 | 687,040 | n/a |
| Waterview | 1919 North Lynn Street, 22209 | 647,243 | 2006 |
| CEB Tower at Central Place | 1201 Wilson Blvd, 22209 | 605,000 | 2018 |
| 1000 Wilson Blvd | 1000 Wilson Blvd, 22209 | 597,364 | 1981 |
| Stafford Place I | 4201 Wilson Blvd, 22203 | 563,518 | 1992 |
| The Zachary Taylor Building | 2530 Crystal Drive, 22202 | 558,187 | 1971 |
| 1100 Wilson Blvd | 1100 Wilson Blvd, 22209 | 549,317 | 1985 |
| 1812 North Moore | 1812 North Moore Street, 22209 | 535,000 | 2013 |
| Crystal Park Two | 2121 Crystal Drive, 22202 | 504,449 | 1986 |
Most Recently-Built Office Buildings
in Arlington
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Newside Ballston | 1000 North Glebe Road, 22207 | 170,388 | 2017 |
| Boeing Government Operations | 929 Long Bridge Drive, 22202 | 453,422 | 2014 |
| 3003 Washington Blvd | 3003 Washington Blvd, 22201 | 211,170 | 2014 |
| 3001 Washington Blvd | 3001 Washington Blvd, 22201 | 92,135 | 2014 |
| 1812 North Moore | 1812 North Moore Street, 22209 | 535,000 | 2013 |
| 1400 Crystal | 1400 Crystal Drive, 22202 | 308,000 | 2013 |
| 800 North Glebe | 800 North Glebe Road, 22204 | 308,055 | 2012 |
| 1776 Wilson Blvd | 1776 Wilson Blvd, 22209 | 139,593 | 2012 |
| Clarendon Center - South Block | 3030 Clarendon Blvd, 22201 | 343,901 | 2011 |
| Clarendon Center - North Block | 3000 Wilson Blvd, 22201 | 108,376 | 2011 |
Arlington, VA Green Office Space
Increasingly, both tenants and global investors are demanding energy efficient, green office space for their business and real estate portfolios. One example of a LEED certified office building in Arlington is Two Potomac Yard. Built in 2006, this 306,000-square- foot Class A office building is located in the Crystal City area of Arlington and was awarded the notoriously difficult-to- obtain LEED Platinum certification.
Every year, the National Green Building Adoption Index surveys major U.S. office markets, to measure the increase in green, energy-efficient office space. Looking only at office buildings larger than 50,000 square feet, by mid-2017 the amount of green office space in the major metro office markets had reached an average of 38%.
As part of the greater Washington D.C. metro area, Arlington makes its contribution to the 41% of large office buildings in the region that are LEED certified.
Arlington, VA's Top Office-Using Sectors
Government, healthcare, financial & professional services, and large corporate office users all create incredibly strong demand for Class A office space and commercial real estate in Arlington, VA.- Government – A number of federal agencies are headquartered in Arlington, including DARPA, the Drug Enforcement Agency, the National Science Foundation, the Transportation Security Administration, and the United States Department of Defense.
- Healthcare – This is one of the top office-using sectors in Arlington, including organizations such as the Virginia Hospital Center, National Science Foundation, and the Environmental Protection Agency.
- Financial & Professional Services – Demand for Class A office space in Arlington also comes from firms such as Deloitte, Accenture, Leidos, and Booz Allen Hamilton.
- Corporate Office – A significant amount of white collar employment is created by large companies headquartered in Arlington, such as Alcalde and Fay, Arlington Asset Investment, ESI International, FBR Capital Markets, and AES.
Arlington Demographics
Population
- Total Population223,945
- Male Population(50.0 %) 112,006
- Female Population(50.0 %) 111,939
- Median Age33.90
Income/Financial
- Average Household Income$138,378
- Median Household Income$105,763
- Median Income Under 25$60,357
- Median Income 25-44$106,439
- Median Income 45-64$129,462
- Median Income Over 65$75,095
- Alcova Heights Demographics
- Arlington - East Falls Church Demographics
- Arlington Heights Demographics
- Arlington Mill Demographics
- Ashton Heights Demographics
- Aurora Highlands Demographics
- Ballston - Virginia Square Demographics
- Bluemont Demographics
- Buckingham Demographics
- Cherrydale Demographics
- Clarendon - Courthouse Demographics
- Clarmont Demographics
- Colonial Village Demographics
- Crystal City Demographics
- Douglas Park Demographics
- Fairlington Demographics
- Glencarlyn Demographics
- Leeway Demographics
- Long Branch Creek Demographics
- Lyon Park Demographics
- Lyon Village Demographics
- Nauck Demographics
- North Rosslyn Demographics
- Penrose Demographics
- Pentagon City Demographics
- Radnor - Fort Myer Heights Demographics
- Rock Spring Demographics
- Shirlington Demographics
News
After a cautious, yet fruitful year in 2016, investors continue to bet on the bustling U.S. office sector. We used in-depth Yardi Matrix data to compile a list of the 20 largest office transactions to close during the first six months of the current year, and the results paint a promising pictur...
The Washington, D.C., office sales market started the year in full force, with more than $2 billion worth of properties changing hands in the first three months of 2017. The following quarter didn’t manage to rise to the same level, with sales volume dropping by more than $1 billion, accor...
Using Yardi Matrix data, we analyzed all sales for office buildings larger than 50,000 square feet (see ‘Methodology’ section). Using the same data source, we also analyzed new office projects scheduled for completion in Q2 in the D.C. metro area.
Arlington, VA zip codes
Neighborhoods
- Alcova Heights Office Space
- Arlington - East Falls Church Office Space
- Arlington Heights Office Space
- Arlington Mill Office Space
- Ashton Heights Office Space
- Aurora Highlands Office Space
- Ballston - Virginia Square Office Space
- Barcroft Office Space
- Bluemont Office Space
- Buckingham Office Space
- Cherrydale Office Space
- Clarendon - Courthouse Office Space
- Clarmont Office Space
- Colonial Village Office Space
- Columbia Heights Office Space
- Crystal City Office Space
- Douglas Park Office Space
- Fairlington Office Space
- Glencarlyn Office Space
- Leeway Office Space
- Long Branch Creek Office Space
- Lyon Park Office Space
- Lyon Village Office Space
- Nauck Office Space
- North Rosslyn Office Space
- Penrose Office Space
- Pentagon City Office Space
- Radnor - Fort Myer Heights Office Space
- Rock Spring Office Space
- Shirlington Office Space
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