Though office space in Washington, D.C. costs generally only half as much as office space in New York City, it still ranks as one of the most expensive office markets in the US
And there's a good reason. NYC serves as a major international commercial hub, as does the nation's capital. With so many opportunities for government contracts, or to service the companies going after those contracts, there's no shortage of business.
But before you decide on a new home for your business, let's look at some numbers and considerations when looking for office space in Washington, D.C. After all, there may be a good reason to pay more for an office based on some different factors.