 
          DOMINION BOULEVARD CORRIDOR STUDY  |  Chesapeake, Virginia
        
        
          318  |  Appendix
        
        
          
            
              Exhibit V-27
            
          
        
        
          
            INDUSTRIAL ASKING RENT AND VACANCY
          
        
        
          
            DEEP CREEK SUBMARKET AND MSA
          
        
        
          
            2006-2013
          
        
        
          6%
        
        
          8%
        
        
          10%
        
        
          12%
        
        
          14%
        
        
          16%
        
        
          18%
        
        
          $3
        
        
          $4
        
        
          $5
        
        
          $6
        
        
          $7
        
        
          $8
        
        
          SOURCE: CoStar
        
        
          0%
        
        
          2%
        
        
          4%
        
        
          $0
        
        
          $1
        
        
          $2
        
        
          2006
        
        
          2007
        
        
          2008
        
        
          2009
        
        
          2010
        
        
          2011
        
        
          2012
        
        
          2013
        
        
          Deep Creek Rent (NNN)
        
        
          MSA Rent (NNN)
        
        
          Deep Creek Vacancy
        
        
          MSA Vacancy
        
        
          
            Exhibit V-27
          
        
        
          E4-11982.40
        
        
          Printed: 3/27/2014
        
        
          CITY OF CHESAPEAKE