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City of Newport News Quoted Lease Rates,

 

Direct Weighted Average Rental Rate*
Retail
$16.20
Industrial
General Industrial
$9.72
Office
Class A
$20.40
Class B
$15.42
*Rental rates reflect dollars per square foot per year
Source: Hampton Roads Statistical Digest

Construction Cost Index, 2019

Raleigh
83.8
Aiken, SC
84.4
Tampa
84.5
Orlando
84.7
Greensboro, NC
84.8
Dallas
85
NEWPORT NEWS
85.8
Birmingham
85.9
Nashville
86.7
Lexington, KY
87.5
Richmond
88.9
Atlanta
89
Dayton
89.6
Baltimore
94.4
Nashua, NH
94.6
Washington D.C.
95.3
Cleveland
95.9
Harrisburg
96.5
U.S. Average
100
Pittsburgh
100.9
Detroit
101.4
Allentown
101.7
Albany
102.1
Springfield, MA
102.4
Providence
103.7
Buffalo
106
Hartford
106.4
New Haven
106.9
Los Angeles
112.3
Trenton
113
Boston
113.9
Philadelphia
115.2
Newark
116.8
Chicago
120.7
San Jose
123.4
New York City
132.1
Long Island City
134.7
Source: 2019 RSMeans Heavy Construction Cost Data Book
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