Alvin Abston

Commercial real estate sales in Richmond, Virginia, held steady in 2024, though a dip in industrial sales marked a shift in one of the hottest sectors in terms of volume since 2020.

After a building boom over the last several years, multifamily groundbreakings in Hampton Roads, Virginia, are now at their lowest point in over a decade as developers pull back on new projects due ...

Industrial sales volume in Richmond, Virginia, slowed in 2024, coming in at nearly $600 million. That marks a 25% drop compared to the $800 million in sales in 2023 — a record for the market.

Employment growth in Hampton Roads, Virginia, is outpacing the country with the mining, logging, and construction sector driving much of the growth, according to new data from the Bureau of Labor ...

The annual job growth rate in Richmond Virginia, doubled over the past year, with the education and health services sector fueling the increase.

The amount of office space completed in Hampton Roads, Virginia, surged in 2024, a trend that runs counter to the national drop in office construction as markets across the country continue to ...

Hampton Roads, Virginia's industrial availability rate has hit a near-decade high as the market remains a focal point for developers due to the growing Port of Virginia and its infrastructure.

The industrial availability rate in the Richmond, Virginia, market hit its highest point in two years as developers continue to pile on space to meet demand from tenants looking to take advantage of ...

Industrial developers in Hampton Roads, Virginia, are picking up the pace on new groundbreakings in a market that sports one of the lowest availability rates in the country.

Favorable demographic trends, such as job and population growth, have helped bolster consumer buying power in Richmond, Virginia, spurring demand for the market’s retail space. As a result, ...

Recent consumer spending trends have led to retailers aggressively leasing space, making quality locations hard to find across much of the country.

After a big drop to end 2023, retail leasing in Richmond, Virginia, has been stable through the first three quarters of 2024, though it remains below the peak volume of 2021-2022.

Hampton Roads, Virginia, is on pace to hit a decade-high for apartment completions as the market's relative affordability and diverse economy continue to draw new renters.

Office landlords in the Hampton Roads, Virginia, region are forecast to see more modest gains over the next few years as landlords balance concessions and tenant improvement costs to help retain ...

Retail leasing volume in Hampton Roads, Virginia, appears to be stabilizing after hitting decade-highs in 2022 when over 3.2 million square feet of space was leased.

Apartment developers in Richmond, Virginia, appear to be pulling back on new projects after last year's decade-high levels of construction.

Industrial investors in Hampton Roads, Virginia, are keeping busy in the market despite tough lending conditions and higher-than-average interest rates.

After hitting decade-highs in 2022, industrial construction in Richmond, Virginia, has fallen back to earth.

Retail real estate owners in Hampton Roads, Virginia, have pushed asking rents at a decade-high pace in the first half of the year, and current trends point to further runway for landlords to raise ...

Available retail space remains hard to come by in Virginia’s Hampton Roads area as minimal construction and demand keep availabilities tight.