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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, 2020

Raleigh, NC
84.5
Aiken, SC
84.7
Greensboro, NC
84.8
Orlando, FL
85.3
Tampa, FL
85.3
Dallas, TX
85.5
NEWPORT NEWS
85.9
Birmingham,AL
86.6
Lexington, KY
86.986.7
Nashville,TN
86.9
Richmond, VA
88.1
Dayton, OH
88.2
Atlanta, GA
88.4
Baltimore, MD
93.9
Washington D.C.
95.4
Nashua, NH
95.9
Cleveland, OH
95.9
Harrisburg, PA
96.3
U.S. Average
100
Allentown, PA
100.6
Detroit, MI
101.3
Pittsburgh, PA
101.5
Springfield, MA
102.5
Albany, NY
102.8
Buffalo, NY
104
Providence, RI
105.9
New Haven, CT
107.1
Hartford, CT
107.3
Los Angeles, CA
111.7
Trenton, NJ
112
Boston, MA
115.5
Philadelphia, PA
116.5
Newark, NJ
117
Chicago, IL
119.3
San Jose, CA
124.2
New York City, NY
131.6
Long Island City, NY
133.6
Source: 2020 RSMeans Heavy Construction Cost Data Book
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