Exhibit IV-3
RETAIL INVENTORY
DEEP CREEK SUBMARKET; VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC MSA
2005-2013
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
88,000,000
90,000,000
92,000,000
94,000,000
96,000,000
98,000,000
100,000,000
SOURCE: CoStar
0.0%
84,000,000
86,000,000
2005
2006
2007
2008
2009
2010
2011
2012
2013
MSA
Submarket as % of MSA
Exhibit IV-3
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
