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Virginia Industrial & Logistics Market Report

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By Komail Khaja, Jordan Minnick, Chad Broden, Miles Rodnan, CPRC

H2 2019

Virginia's Industrial and Logistics inventory is 207 million square feet over the state's three core industrial markets, in addition to its total non-core inventory. The Virginia markets link populations in the eastern regions of the U.S. to the global supply chain through the Port of Virginia, one of the most advanced and rapidly growing ports in the nation. The state is strategically positioned within a day's drive from 47% of the U.S. population, and it provides affordable labor relative to northeast markets (as the East Coast's northern-most Right-to-Work state) and cost-efficient access to high-growth southern markets. Virginia was labeled #1 by CNBC's overall Top State for Business in 2019.  
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Virginia Industrial & Logistics Market Report

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Related Experts
Robert Stockhausen | Colliers | Charlottesville

Robert Stockhausen

Managing Director

Charlottesville

+1 434 284 4004
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With extensive experience in the commercial real estate industry, Rob Stockhausen is among the most knowledgeable brokers in the Central Virginia marketplace. His market expertise and approachable personality continually attracts top clients, expanding his networking base.

Rob specializes in the sale and leasing of industrial/investment properties, as well as commercial land sales in the Central/Western and Southern Virginia marketplace.

As managing director of the Charlottesville office for more than twelve years, he has developed a team of bright professionals and leads them to success each year. Under his leadership, the firm dominates the local commercial real estate market.

Prior to becoming managing director and supervising broker of the Charlottesville office in July of 2006, he worked for Real Estate III Commercial Properties, Inc. At that time, he spearheaded the development of Zion Crossroads Industrial Park. Rob’s career began in 1991 at Bullock, Terrell and Manelley (BTM) in Atlanta, Georgia, where he handled commercial leasing from both a tenant and landlord perspective. He has worked within commercial brokerage and/or private investments ever since.

 

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Grant Bates | Colliers | Charlottesville

Grant Bates

Senior Vice President

Charlottesville

+1 434 284 4002
Email

I  joined the Charlottesville office in 2018 as a Vice President. I was born in Central Virginia and raised in Albemarle County. Being raised in Central Virginia gives me an extensive knowledge of the real estate market here and allows me to find the perfect location for my clients.

My diverse assignments include manufacturing facilities, mixed office and industrial flex properties, build-to-suit projects, and the full range of warehouse and distribution requirements. I have also represented clients with out-of-market distribution / logistics ventures and have a solid understanding of multi-faceted elements required. I approach each assignment with diligence and a bottom-line mindset – determined to optimize the value of clients’ real estate transactions.

My territory  stretches along the Interstate 81 corridor, covering Central Virginia , The Shenandoah Valley and Southwest Virginia. My large territory allows me to have a regional understanding of the current state of the industrial real estate market.

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