Q2 2023 Virginia Office Market Report

There was a big bump in office absorption in Virginia in the second quarter thanks to the completion of Amazon’s first two towers at its HQ2 site in Arlington. Other than those two buildings, overall absorption continues to be sluggish. There was little movement in office vacancies which remain elevated, however rents are still climbing. Read the full report.

Q2 2023 Virginia Retail Market Report

The retail CRE market remains competitive in many parts of Virginia. In most metro areas in the state rents continue to rise, net absorption remains positive, and vacancies are trending down. Read the full report.

Q2 2023 Virginia Industrial Market Report

The industrial market continues to strengthen amid slowdowns in other CRE sectors. Robust demand and limited availability of industrial space continues to push up rents in most regions in Virginia. Read the full report.