Virginia Industrial

Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,444
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,610
As of: February 26, 2017

Virginia Rates

On average, listings lease in the $20's per square foot per year. The Virginia submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.

Virginia Listing Supply

In the last 90 days, 1422 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Virginia are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1987 and are Class B.

Virginia Community

Market Report

Trends and status of the commercial real estate market in Virginia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Virginia.
Research