C&W: TMT sector accounted for 15% of take up of office space in Washington DC in 2014-15
In the Spring 2016 edition of its ‘Occupier Edge’ publication, Cushman & Wakefield examined where technology, media and telecommunications (TMT) companies took up office space in the USA and the UK outside the two largest metropolitan areas of New York City and London, respectively, in 2014-15. They found that TMT companies leased 5.90mn square feet of space in Washington DC, or 15% of the total leased in that city. Of the six cities in the USA which were surveyed, Washington DC was the second largest market in terms of amount of office space leased by TMT companies over that period.
Source : C&W/Mar 2016/Washington DC/OFF