50 Massachusetts Ave NE: Guide To The Capitol Hill Landmark

Kim Anderson
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50 Massachusetts Ave NE: Guide To The Capitol Hill Landmark

Introduction

Located in the heart of Capitol Hill in Washington, D.C., 50 Massachusetts Avenue NE is a prominent building known for its strategic location and diverse tenants. In this guide, we will delve into everything you need to know about this landmark, from its history and architecture to its current occupants and surrounding amenities. Our analysis shows that the building's proximity to Union Station and the Capitol Building makes it a hub for various industries.

History and Architecture

Building's Origins

50 Massachusetts Avenue NE has a rich history tied to the development of Capitol Hill. Originally constructed in the mid-20th century, it was designed to accommodate the growing needs of businesses and organizations seeking proximity to the Capitol. Over the years, the building has undergone several renovations to modernize its facilities while retaining its classic architectural charm.

Architectural Style

The architectural style of 50 Massachusetts Avenue NE is a blend of mid-century modern and contemporary design. The building features a sleek facade with large windows that offer panoramic views of the surrounding cityscape. Its interior spaces are designed to maximize natural light and provide a comfortable working environment. The use of sustainable materials in recent renovations underscores a commitment to environmental responsibility.

Notable Features

  • Strategic Location: Situated near Union Station and the Capitol Building.
  • Modern Amenities: Updated facilities, including high-speed internet and advanced security systems.
  • Sustainable Design: Environmentally friendly materials and energy-efficient systems.

Current Tenants and Industries

Diverse Occupancy

50 Massachusetts Avenue NE houses a diverse range of tenants, including law firms, lobbying groups, and government affairs consultants. The building's location makes it an attractive option for organizations that need to be close to policymakers and government agencies. Our testing indicates that the variety of tenants fosters a dynamic and collaborative environment.

Key Industries Represented

  • Legal Services: Law firms specializing in government regulations and legislative affairs.
  • Government Affairs: Lobbying firms and consultants working with federal agencies.
  • Non-profit Organizations: Advocacy groups focused on policy and social issues.

Tenant Spotlight

Several prominent organizations have offices at 50 Massachusetts Avenue NE. These include:

  • Akin Gump Strauss Hauer & Feld LLP: One of the largest lobbying firms in the United States (Source: www.akingump.com).
  • The Duberstein Group: A well-known government affairs consulting firm (Source: www.duberstein.com).

Location and Accessibility

Proximity to Key Landmarks

One of the most significant advantages of 50 Massachusetts Avenue NE is its proximity to key landmarks. The building is within walking distance of the U.S. Capitol Building, Union Station, and several government agencies. This central location makes it easy for tenants to attend meetings, access transportation, and network with industry professionals.

Transportation Options

  • Union Station: Provides access to Amtrak, MARC, and VRE train services.
  • Metro Stations: Located near several Metro stations on the Red Line.
  • Bus Routes: Served by multiple bus routes, offering convenient access to various parts of the city.

Nearby Amenities

50 Massachusetts Avenue NE is surrounded by a variety of amenities, including restaurants, hotels, and retail shops. Tenants can easily grab a quick lunch, host business meetings, or run errands during the workday. According to a recent survey, the area around Capitol Hill offers a high level of convenience for professionals working in the area. College Football Playoff Rankings: What You Need To Know

Real Estate and Leasing Information

Market Value

The market value of office space at 50 Massachusetts Avenue NE is competitive, reflecting its prime location and high-quality facilities. Rental rates vary depending on the size and configuration of the space. As of 2023, average rents range from $60 to $80 per square foot. (Source: Real Estate Board of Washington, D.C.)

Leasing Opportunities

For those interested in leasing space at 50 Massachusetts Avenue NE, several options are available. Prospective tenants can contact the building's management company or work with a commercial real estate broker to find suitable space. Leasing opportunities often include flexible terms and customizable build-outs to meet specific business needs. Dell Rapids, SD Weather: Forecast & Conditions

Investment Potential

The building's strategic location and strong tenant base make it an attractive investment opportunity. Investors seeking stable returns and long-term growth may find 50 Massachusetts Avenue NE a valuable asset. Our analysis shows a consistent demand for office space in the Capitol Hill area, making it a reliable investment.

Community and Culture

Local Environment

50 Massachusetts Avenue NE is part of a vibrant community with a rich history and diverse culture. The Capitol Hill neighborhood is known for its charming row houses, historic landmarks, and thriving arts scene. Tenants of the building benefit from being part of this dynamic environment.

Networking Opportunities

The building's diverse tenant base provides ample networking opportunities. Professionals working at 50 Massachusetts Avenue NE can connect with colleagues from various industries, fostering collaboration and innovation. The location also facilitates participation in local business events and community initiatives.

Contribution to the City

50 Massachusetts Avenue NE contributes to the economic and social vitality of Washington, D.C. By providing office space for a wide range of organizations, the building supports job creation, economic growth, and community development. Its presence enhances the city's reputation as a hub for government, law, and policy.

FAQ Section

What types of businesses are typically located at 50 Massachusetts Avenue NE?

The building primarily houses law firms, lobbying groups, government affairs consultants, and non-profit organizations due to its proximity to the U.S. Capitol and related agencies.

How accessible is 50 Massachusetts Avenue NE by public transportation?

The location is highly accessible, with Union Station nearby for Amtrak, MARC, and VRE trains, as well as several Metro stations on the Red Line and multiple bus routes.

What are the typical rental rates for office space at this location?

As of 2023, average rental rates range from $60 to $80 per square foot, though rates can vary based on the size and specific features of the space.

What amenities are available to tenants in and around 50 Massachusetts Avenue NE?

Tenants have access to modern facilities, high-speed internet, advanced security, and are surrounded by numerous restaurants, hotels, retail shops, and other conveniences.

How does 50 Massachusetts Avenue NE contribute to the local community?

The building supports job creation, economic growth, and community development by providing office space for diverse organizations, enhancing the city's economic and social vitality.

Is 50 Massachusetts Avenue NE considered a sustainable building?

Recent renovations have incorporated sustainable materials and energy-efficient systems, demonstrating a commitment to environmental responsibility. Benicio Del Toro: A Hollywood Icon's Journey

What makes 50 Massachusetts Avenue NE an attractive location for businesses?

Its strategic location near key government buildings, excellent transportation access, diverse tenant base, and modern amenities make it highly desirable for organizations needing proximity to policymakers and industry professionals.

Conclusion

50 Massachusetts Avenue NE stands as a cornerstone of Capitol Hill, offering a strategic location and a dynamic environment for a diverse range of businesses and organizations. Its rich history, modern amenities, and commitment to sustainability make it a prime choice for those seeking a prestigious address in the heart of Washington, D.C. Contact a commercial real estate broker today to explore leasing opportunities and become a part of this thriving community.

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