Moore selects major metropolitan markets with accelerated growth that is underpinned by the industries and opportunities of tomorrow. A highly educated work force, strong forecasted job growth, large government and educational institutions, barriers to entry, and quality of life are among the factors we consider. We currently have multiple buildings in two vibrant, consistently high-performing markets: metropolitan Washington, DC and Austin, Texas.
Metropolitan Washington, D.C. has experienced explosive growth over the past three decades, driven by:
- The stabilizing influence of the federal government and a high concentration of Fortune 500 headquarters and regional headquarter locations.
- Montgomery County, Maryland's biotech and genomics industry, and its federal medical research campuses such as the Food and Drug Administration (FDA) and the National Institute of Health (NIH).
- Northern Virginia’s prominent role in defense, homeland security and internet technology industries, and its federal intelligence campuses such as the Central Intelligence Industry (CIA), National Geospatial Intelligence Agency (NGIA) and National Reconnaissance Office (NRO).
Austin has become a highly attractive location for business, based on its:
- Highly educated work force and growing prominence as a center of advanced education – the US Census Bureau reports that Austin ranks 5th among the most educated cities in the U.S.
- Ranked #1 by Forbes for best cities for jobs and 3rd fastest growing city in the nation.
- Cluster of semi-conductor research and manufacturing firms such as Dell Computers, Motorola, IBM, Advanced Micro Devices and Samsung Electronics.
- Low cost of living and great quality of life that is highly attractive to the “millennial” workforce.
- Current unemployment rate of 4.5%, which is significantly lower than the statewide rate of above 6% and the national rate of 7.6% (February 2014).