Appendix | 179
Southern Chesapeake Submarket Office Market
Dominion Boulevard is located the Southern Chesapeake office
submarket. There are few major office developments in this submarket
larger than small-scale medical offices. The submarket added
approximately 100,000 square feet of rentable building space in the
four year period from 2006 to 2010. The inventory has remained at
Map of Study Area and Southern Chesapeake Submarket
590,000 square feet since 2010. The submarket encompasses 1.2% of
the MSA’s total inventory.
Southern Chesapeake
Submarket
Study Area
1.3%
600,000
Office Inventory
Southern Chesapeake Submarket and MSA; 2006-2013
1.2%
540,000
560,000
580,000
Map of Office Buildings
Suffolk, Chesapeake, Portsmouth VA; 2013
Source: Reis
1.1%
480,000
500,000
520,000
1.0%
460,000
2006 2007 2008 2009 2010 2011 2012 2013
Submarket Total RBA
Submarket RBA as % of MSA RBA
Dominion Boulevard | City of Chesapeake | April 11, 2014 | E4-11982.40
34
Source: CoStar
Source: CoStar
