According to an article that appeared in The Washington Post, the district of Columbia's Office of Revenue Analysis (ORA) revealed in its latest quarter report ending in June that occupied office spaces in the capital increased to 123.38 million square feet, up 1.4 percent from the same period last year. Meanwhile, vacancies for office spaces slipped to 9.3 percent overall. Such good news coincides with the local administration's plans to generate up to $600 million in revenues over the next 5 years. The economic stability of Washington, D.C. was fueled by heavy post-9/11 government spending. However, some analysts say that growth may have plateaued, and could face a possible decline unless new investments from the private sector are made. Business owners and professionals who want to revitalize the local economy can turn to companies that specialize in office rental in Washington, D.C., such as Metro Offices.
http://www.metroffice.com/2013/09/office-rental-in-washington-dc-private-sector-investment-can-boost-the-local-economy/
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