Virginia Office Space

500 Lee St E Listing
Charleston, VA
# Laidley Tower Laidley Tower is West Virginia’s most prestigious high-rise office tower, serving as the financial, investment banking and commodities brokerage center for the Charleston metropolitan area. With 18 stories, it is the tallest Class “A” office tower in the state. Designed by award-winning Sherman Carter Barnhart Architects and built by Dudley Development in 1984, its 216,073 square feet of office space also makes it one of the largest buildings based on total square footage. Centrally located in the heart of downtown Charleston’s Central Business District, Laidley Tower is situated directly across from Charleston Town Center, West Virginia’s largest shopping mall with more than one million square feet of retail and dining. The Embassy Suites Charleston is directly adjacent to the property and the Charleston Marriott is just minutes away, providing convenient lodging for out-of-town business colleagues as well as quality facilities for corporate events. Laidley Tower is also located just one block away from the Charleston Transit Center, which improves employee commutes while providing easy access to other downtown businesses. Additionally, St. Francis Medical Center, the Robert C. Byrd Federal Courthouse, the Kanawha County Courthouse and Charleston City Hall are all within walking distance of the property. Features - Full floor opportunities available - Tallest Class A office tower in the state - Directly across from Charleston Town Center, WV's largest shopping mall - Renovated lobby with elegant black granite atrium - Five high-speed elevators with three exterior cabs offering views of downtown Charleston - On-site vending area, ATM and drive-thru banking facilities - Convenient street-level loading facilities - Skywalk from the building to the parking garage - Parking ratio of two spaces per 1,000 SF leased at $65 per space per month, unreserved - On-site property management and 24/7 security patrol

Virginia

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,880
As of: December 2, 2016

Virginia Rates

Most listings are in the $20's per square foot per year. The Virginia region is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% increase in rent.

Virginia Listing Supply

In the last 90 days, 20 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,030 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1986 and are Class A.

Virginia Community

Market Report

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

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