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City of Newport News Quoted Lease Rates, 2016

 

Direct Weighted Average Rental Rate*
Retail

$13.70
Industrial

Distribution
$5.70
Manufacturing
$6.23
Flex
$8.93
General Industrial
$5.88
Office
Class A
$19.63
*Rental rates reflect dollars per square foot per year
Source: Thalhimer; Hampton Roads Statistical Digest

Construction Cost Index, 2013

Greensboro, NC
76.6
Raleigh
76.8
Richmond
85.3
Dallas
85.0
NEWPORT NEWS
85.8
Aiken, SC
86.2
Nashville
86.0
Lexington, KY
90.0
Birmingham
87.4
Atlanta
88.5
Orlando
89.1
Dayton
91.6
Tampa
92.0
Baltimore
93.3
Nashua, NH
94.3
Harrisburg
97.0
Albany
96.5
Washington D.C.
97.9
Cleveland
98.7
U.S. Average
100
Pittsburgh
101.5
Buffalo
101.9
Detroit
103.0
Allentown
102.9
Springfield, MA
103.9
Providence
105.0
Los Angeles
106.9
Hartford
109.4
New Haven
109.8
Trenton
110.2
Newark
112.4
Philadelphia
113.6
Chicago
116.6
Boston
117.5
San Jose
117.3
Long Island City
129.8
New York City
132.2
Source: 2013 RSMeans Heavy Construction Cost Data Book
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