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.
