• Class A Logistics availability fell to 2.9% as its average rent climbed to $6.08 per sq. ft. in H1 2018. The rising rents coupled with the scarcity of supply presents challenges for users while new opportunities for developers.
  • Logistics employment surpassed its pre-recession peak expanding by 13.8% since 2005 and Virginia's overall employment exceeded 4.0 million earlier this year for the first time in its history.
  • The Port of Virginia is in the process expanding its capacity by 40% as over 2.84 Million TEUs passed through its gates in the past 12 Months