Best known as the location of The Pentagon and Arlington Cemetery, Arlington, Virginia’s commercial identity has largely been shaped by its long-standing relationship with Washington, D.C. Although Arlington is now a self-governing county, the area was a part of Washington D.C. until 1846.
Arlington is composed of about ten smaller submarkets. Available commercial real estate tends to be centered around three of those neighborhoods.
The first is Pentagon City, located in southeast Arlington near The Pentagon. Pentagon City has one of the busiest Metrorail stations served by the Yellow and Blue Lines. Second, the Court House neighborhood surrounds the jail, courthouse, police headquarters, and main county government administrative complex. The third neighborhood with greater office space availability is Virginia Square, home to George Mason University, various FDIC offices, and the Arlington Arts Center.
Arlington Office Space | Lease Data & Trends
|Class A||Class B & C||Inventory||Vacancy|
|Crystal City||$40/sf||$36/sf||11 msf||21%|
|Pentagon City||n/a||n/a||2 msf||0%|
|Arlington, VA||$44/sf||$38/sf||35 msf||20%|
Arlington, VA features approximately 35 million square feet of commercial real estate inventory, with an additional quarter million under construction along the Metro corridors. With a relatively high vacancy rate of 20% (the Washington DC vacancy rate is below 12%), companies are sure to find Arlington office space that fits their needs.
What Our Brokers Say about Arlington Office Space for Rent
Government agencies and contractors, business and financial consultants, and even creative organizations favor Arlington, VA for its reasonable rental rates and immediate access to the D.C. Metro area. Technology, aerospace, defense, and business services are other significant industries in Arlington.
Federal agencies that have headquarters in Arlington include the Air Force Office of Scientific Research, the Drug Enforcement Administration, the Department of Defense, and the Trade and Development Agency, among many others.
Other companies and organizations that have headquarters in Arlington, VA are Rosetta Stone, Interstate Hotels & Resorts, The Nature Conservancy, and PBS. The newest big-name commercial tenant in the area is Nestlé, who will occupy over 200,000 square feet of office space with their new corporate headquarters.
Getting Around Arlington, VA
Four bridges across the Potomac River connect Arlington to the Greater Washington, D.C. Metro: the 14th Street Bridge, Arlington Memorial Bridge, Theodore Roosevelt Bridge, and Francis Scott Key Bridge. When driving in and around Arlington, commuters often take Arlington Boulevard, George Washington Memorial Parkway, Interstate 66, and Interstate 395.
The city can experience heavy traffic during rush hour, so many choose to commute by public transit. Public transportation options in Arlington include local Arlington Transit (ART) bus routes, D.C. Metro buses, the VRE commuter rail, Fairfax Connector regional buses, Potomac and Rappahannock Transportation Commission regional buses, Metroway, and the Orange, Yellow, Blue, and Silver Lines.
The League of American Bicyclists gave Arlington County recognition as a Silver Level Bicycle Friendly Community. Bikers have access to over 100 miles of on-street bike lanes and off-road trails such as the Four Mile Run Trail, the Custis Trail, the Mount Vernon Trail, and the Washington and Old Dominion Railroad Trail. Arlington County also earned recognition as a Gold Level Walk Friendly Community by the Pedestrian and Bicycle Information Center.
Arlington, VA Neighborhood & History
Arlington is a dynamic neighborhood with shopping, dining, and activities to satisfy all tastes. Events and festivals that happen throughout the year include Taste of Arlington, Columbia Pike Blues Festival, Rosslyn Jazz Festival, and Capitol City Brewing Company’s Oktoberfest. The food scene in Arlington is rapidly growing, and good food can be found in all neighborhoods of the city. Our team recommends the ramen at Gaijin Ramen Shop, the brisket at Texas Jack’s BBQ, and the poke bowls at Hula Girl Bar & Grill.