Hampton Roads
Virginia
Hampton Roads is the 33rd largest MSA in the United States, with a population of more than 1.7 million. Hampton Roads supports the largest active duty military population in the US with 11 major military installations representing all branches of the U.S. Armed Forces, including the world’s largest naval base. More than two-thirds of the nation’s population and marketplace are within 750 miles of Hampton Roads.
While the Hampton Roads market is one region, it includes 13 separate municipalities. The market is physically divided by the James River, with two-thirds of the population on the “Southside” of the James and one-third of the population north of the James, called the “Peninsula”. The Hampton Roads Bridge Tunnel, Monitor Merrimac Tunnel and James River Bridge provide three access points between the Peninsula and Southside.
Hampton Roads is known as America’s Birthplace for contributing over 400 years of history, starting with the Historic Triangle. Millions of visitors come to experience Colonial Williamsburg, the Jamestown Settlement and the Yorktown Battlefields. Virginia Beach is also a major tourist destination for the oceanfront resort area. The market is well served by two airports (Norfolk/Virginia Beach International and Patrick Henry Airport) and an Interstate network connecting to I-95.
Cushman & Wakefield | Thalhimer’s Hampton Roads offices are located in Oyster Point Park in Newport News and the Virginia Beach Town Center. More than thirty broker professionals serve retail, office, industrial and hospitality requirements.

Andy Dallas, CCIM, SIOR
Senior Vice President
Bobby Phillips, SIOR
First Vice President, Certified Supply Chain Specialist
Brett Sain
Senior Associate
Chris Rouzie
Executive Vice President, Regional Manager
Christine Kaempfe, SIOR
Senior Vice President
Clark Simpson
Senior Vice President, Capital Markets Group
Clay Culbreth
Senior Vice President, Industrial Properties
Clay Willis
Associate
David Butchello
Vice President, Hospitality
David Machupa
Senior Vice President, Retail Services
Dawn Griggs, SIOR
First Vice President
Dean Martin
First Vice President
Drew Haynie
First Vice President
Edward Kimple
Senior Vice President
Ellis Colthorpe
Associate
Eric Stanley
Vice President, Retail Properties
Erik Conradi
Associate, Capital Markets Group
Geoff Poston, SIOR
Senior Vice President
Janet Whitbeck
Senior Vice President
John Duffy, Jr., CCIM, SIOR
Vice President
Josh Fulton
Senior Associate
Kenneth Penrose, Jr.
Vice President
Rob Wright
Senior Vice President
Robert Thornton, CCIM, SIOR
Senior Vice President
Sharon Taylor-Lucas
First Vice President
Ted Levin
Vice President, Retail Properties
Teresa Nettles
Senior Vice President, Office Properties
Tom Dana
Vice President
Tony Weiss
Vice President
Wick Smith
First Vice President
William Throne, CSCMP, CCIM, SIOR
Senior Vice President, Certified Supply Chain ProfessionalFast Facts
MSA
- Population: 1,718,624
- Median Age: 37.8
- Median Household Income: $63,481
- Employment: 949,496
- Unemployment Rate: 4.4%
- GDP: $94.9 billion
Major Employers in Hampton Roads
Leading Employers
Company | Product/Service | Estimated Employment |
---|---|---|
Sentara Healthcare | Norfolk | 22,000 | |
Norfolk Naval Shipyard | Portsmouth | 8,500 | |
Smithfield Foods, Inc. | Smithfield | 2,700 | |
Old Dominion University | Norfolk | 4,000 | |
Amerigroup Corporation | Virginia Beach | 1,700 | |
AMSEC LLC/SAIC | Virginia Beach | 1,200 | |
GEICO Direct | Virginia Beach | 2,300 | |
STIHL Inc. | Virginia Beach | 2,000 | |
Huntington Ingalls Industries, Inc. (Newport News Shipbuilding) | Newport News | 24,000 | |
Riverside Health System | Newport News | 8,000 | |
Canon Virginia | Newport News | 2,000 | |
NASA Langley Research Center | Hampton | 1,800 | |
Colonial Williamsburg Foundation | Williamsburg | 2,500 | |
Anheuser Busch, Inc. / In Bev | Williamsburg | 600 |