Real Estate
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 | ||
85.9
Construction Cost Index, 2020
U.S. Average is 100