Hampton Roads Year-End Market Snapshot
For the first time, Cushman & Wakefield | Thalhimer has released a Year-End Market Snapshot in advance of our full MarketBeat reports. As the market leader, we understand that our clients turn to us not only for transactional assistance but also to keep abreast of the latest news about the market. Hampton Roads retail vacancy remains below 5%. Hampton Roads office fundamentals continue to show positive indicators with CBD asking rents increasing by 14.5%. Hampton Roads industrial market tightened significantly over the past year with vacancy declining by 220 basis points.