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Commercial real estate market resilient in face of pandemic

by capitalizefinancial
April 29, 2021
in Sports
0
Commercial real estate market resilient in face of pandemic

A new report found that Virginia’s commercial real estate market has been resilient despite concerns about the economic downturn caused by the COVID-19 pandemic.

Virginia REALTORS released its Q1 2021 Commercial Market Report on Wednesday.

According to a release, the office market in the Commonwealth has seen a modest increase in vacancy rates, and office rents have either gone up or remained stable in most markets across the state.

Mid-sized and suburban markets performed the best, with the fastest rent growth being reported in Charlottesville Roanoke.

Read more…

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