Exhibit V-26
INDUSTRIAL ABSORPTION VS. COMPLETIONS
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC MSA
2006-2013
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
2006-2013 Avg. Absorption:
-4,000
2006-2013 Avg. Completion:
1,000,000
SOURCE: CoStar
-1,500,000
-1,000,000
-500,000
2006
2007
2008
2009
2010
2011
2012
2013
Absorption Completions
Exhibit V-26
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
