Intelligence

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

Regional Summaries

Select a state to view available market snapshots

Richmond, VA

Apartment
Vacancy in Richmond's 77,550-unit apartment market posted a 4.1% rate in the first quarter of 2019, unchanged from the prior quarter and down 10 basis points year-over-year. The average asking rent was up 0.2% in the first quarter of 2019 to finish at $1,008 per month, while the average effective rent also rose 0.2% to $966 per month. The year-over-year gains were 3.2% in both categories. VIEW APARTMENT LISTINGS >
Industrial
Vacancy in Richmond's 46-million-square-foot warehouse/distribution market finished the first quarter of 2019 at 8.2%, down 10 basis points over the quarter. This rate is down 210 basis points over the year. Reis reports average asking and effective rents of $4.26 psf and $3.88 psf, unchanged and up 0.3% for the quarter and up 0.9% and 1.0% for the year. Rents were weak in 2018, rising only 1.4% asking and 0.8% effective. For Richmond's 5.8-million-square-foot Flex/R&D market, the first quarter vacancy rate is 11.9%, down 140 basis points over the quarter and unchanged over the year. The first quarter asking and effective rents are reported at $8.03 psf and $7.23 psf, up 0.1% and up 0.6% for the quarter and up 1.0% and 1.4% over 12 months. VIEW INDUSTRIAL LISTINGS >
Office
The Richmond general purpose, multi-tenant office market posted a first quarter 2019 vacancy rate of 13.7%. The rate was up 40 basis points for the quarter and up 80 basis points year-over-year. Reis reports first quarter average asking and effective rents of $19.06 psf and $15.98 psf, each up 0.1% for the quarter and up 0.4% and 0.3%, respectively, for the year. VIEW OFFICE LISTINGS >
Retail
After posting a fourth quarter 2018 vacancy rate of 11.7%, community-neighborhood shopping center vacancy finished the first quarter of 2019 at 11.9%, up 90 basis points year-over-year. Reis's first quarter community-neighborhood shopping center market average rents are $18.03 psf asking and $15.50 psf effective, up 0.2% and 0.1% from the prior quarter. These rates are up 1.9% and 1.8% over 12 months. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.