Hampton Roads Industrial Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from JLL, Colliers
Quarterly industrial market indicators for Hampton Roads, aggregated by CREhunt from JLL, Colliers. As of Q1 2026, average asking rent was $9.14/SF/yr and vacancy was 9.2%, per JLL.
Projected current industrial pricing — Hampton Roads
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Hampton Roads industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 JLL asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~91% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 JLL | $9.14/SF/yr | 9.2% | 11K SF | — | JLL |
| Q4 2022 Colliers | $12.37/SF/yr | — | 1.6M SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for industrial space in Hampton Roads?
- As of Q1 2026, the average asking rent for industrial space in Hampton Roads was $9.14/SF/yr, per JLL.
- What is the industrial vacancy rate in Hampton Roads?
- The industrial vacancy rate in Hampton Roads was 9.2% as of Q1 2026 (JLL).
- Where does CREhunt's Hampton Roads market data come from?
- This report aggregates quarterly industrial market data for Hampton Roads from JLL, Colliers.