Virginia Office Space

Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,666
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,800
As of: February 19, 2017

Virginia Rates

On average, listings lease in the $20's per square foot per year. The Virginia submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decrease in rent.

Virginia Listing Supply

In the last 90 days, 1681 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Virginia are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region 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