Could DC Become a Major Tech Hub?

As law firms and federal agencies reduce their real estate footprints, Boston Properties is looking to the tech sector to fill office space gaps in the Capital Beltway. The company will launch a nationwide campaign this summer to show companies like Google and Salesforce.com that DC and Reston are just as viable as tech hubs as Cambridge, MA, and San Francisco. Since Boston Properties has sold or leased space to those tech giants, that's where they plan to start their efforts, the Washington Business Journal reports. That doesn't mean Boston Properties is writing off traditional tenants. The developer's entertaining everything from law firms and government agencies to tech firms for its planned 520k SF building at 1001 Sixth St NW (pictured). Other real estate firms, like Vornado Realty Trust, are also looking to the tech sector. [WBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Ruben Cos. Says It Can't Sell, Finance Navy Yard Multifamily Project

D.C. Court Tosses Lawsuit Over Proposed Rent-Freeze Ballot Initiative

Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach Orbit

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Loudoun County Moves To Pause Data Center Applications For 12 Months

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where