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Norfolk May 2021 | Office Sublease Report

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Market Overview

• Sublease space on market: 59 spaces totaling 359,638 SF
• Sublease available space has increased by more than 250% since year-end 2019.
• 61% of the market’s sublease available space has hit the market since the beginning of the pandemic in Q1 2020.
• 0.8% of Norfolk’s inventory is sublet available space.


Norfolk May 2021 | Office Sublease Report

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Related Experts

Komail Khaja

Director - Research

Richmond - North

Komail is the Director of Research for Central, Western, and Southeastern Virginia.  As of February 2022, Komail also oversees research operations in Raleigh, NC.  He joined Colliers | Virginia in January of 2019.

Komail oversees research operations throughout the region, manages the Research Analysts in the company, and supports all the company’s brokers primarily in the Richmond and Norfolk offices.  He began his real estate career in 2014 as a Real Estate Services Manager for the Fairfax County Economic Development Authority and then moved to CBRE as a Business Research/Data Intelligence Analyst.  He provides valuable customized research data which includes market trends, lease and sale comparables, GIS mapping, economic information and more.  In addition, he is also responsible for quarterly market reports, maintenance of the company research database, and tracking notable news/patterns pertaining to the local real estate market.

His foundations are in Geographic Information Systems (GIS), data visualization, urban planning, demographics, and business development. 

Komail understands the needs of clients and works to deliver top-notch market research and analysis to help our sales professionals deliver the best service to their clients so they can make the most informed decisions on their real estate needs.

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Chad Braden

Research Analyst

Norfolk - Main

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