Chevy Chase: A Premier Destination for Commercial Real Estate

Introduction

Chevy Chase, located at the nexus of Maryland and Washington, D.C., presents a compelling case for commercial real estate (CRE) professionals. Known for its proximity to the nation’s capital, this vibrant city is characterized by a diverse economy that supports major industry clusters such as government services, healthcare, and professional services. Its unique positioning as a suburban extension of Washington, D.C., makes it an attractive hub for CRE investment, offering opportunities across various property types.

Economic and Industry Overview

Chevy Chase is strategically positioned within the Washington metropolitan area, making it a focal point for industries such as government contracting, healthcare, and finance. The presence of these industries drives demand for a range of commercial properties, from office spaces to medical facilities. The city benefits from regional economic development initiatives that encourage business growth and infrastructure development.

• Major Industries: Government services, healthcare, finance
• Demand Drivers: Office spaces, medical facilities, retail properties

For more information on regional economic initiatives, visit the Montgomery County Economic Development Corporation.

Strategic Location and Transportation Infrastructure

Chevy Chase boasts an advantageous transportation network, including access to major highways like the Capital Beltway (I-495) and proximity to Ronald Reagan Washington National Airport and Dulles International Airport. The city’s strategic location facilitates efficient distribution and offers access to a skilled labor pool from both Maryland and Washington, D.C.

• Highways: I-495, I-270
• Airports: Ronald Reagan Washington National Airport, Dulles International Airport
• Public Transportation: Washington Metro Red Line

For more information, visit the Maryland Department of Transportation.

Commercial Real Estate Inventory & Zoning

Chevy Chase features several key CRE submarkets, including its Central Business District (CBD) and various mixed-use developments. The city offers a diverse range of asset classes such as office, retail, and medical spaces. Notable zoning changes and incentives are often proposed to encourage sustainable urban development.

• Submarkets: CBD, retail corridors, medical districts
• Asset Classes: Office, retail, medical, multifamily
• Zoning Resources: Montgomery County Zoning Maps

Major Employers and Institutions

Chevy Chase is home to several major employers, including government contractors, healthcare institutions, and financial firms. The presence of institutions like the National Institutes of Health (NIH) and nearby universities further catalyzes demand for CRE.

• Top Employers: NIH, GEICO, Chevy Chase Bank
• Educational Institutions: American University, University of Maryland
• Business Resources: Montgomery County Business Directory

Notable Commercial Developments & Projects

The city is witnessing several large-scale development projects, including mixed-use and master-planned communities. These projects often involve public-private partnerships and are sometimes located within designated Opportunity Zones.

• Key Developments: Friendship Heights mixed-use development, Chevy Chase Lake project
• Opportunity Zones: Information available on the Montgomery County Planning Department

Building Permits, Planning, and Development Tools

For CRE professionals navigating the development process in Chevy Chase, a variety of resources are available:

• Building and Safety Department: Montgomery County DPS
• Permitting Portal: eServices DPS
• Planning Commission: Montgomery Planning

Market Data & Economic Reports

Public data sets provide insights into Chevy Chase’s economic landscape. Brevitas leverages AI-powered aggregation to offer comprehensive market intelligence.

• Data Sources: Census.gov, Montgomery County Open Data
• Explore Brevitas Dashboards: Brevitas Chevy Chase Search

Why Use Brevitas for Chevy Chase CRE?

Brevitas offers a suite of AI-driven tools to streamline CRE discovery and enhance market engagement in Chevy Chase:

• Smart Property Pages: Auto-generated listing pages
• Real-Time Alerts: Stay updated with market changes
• Dealroom Collaboration: Efficient transaction management
• Exclusive Listings: Gain premium exposure

Brevitas integrates seamlessly with brokers and developers, offering tools like email and landing page builders to maximize property visibility.

This page is designed to position Brevitas as the premier CRE marketplace for Chevy Chase, optimizing for long-tail SEO phrases like "Chevy Chase commercial real estate," "Chevy Chase opportunity zones," and "Chevy Chase office space for sale."