Norfolk Virginia Office Space To Lease

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The second largest city in the state of Virginia is Norfolk. The city is an independent commonwealth and has an estimated population of 234,403 in the city center and upwards of 1.7 million residents in the greater metropolitan area. The area is named after the large harbor that is located at the mouth of Chesapeake Bay. It has a deep storied past, and has been a great military alliance that makes it one of the strategic defense points for the nation.  The Norfolk VA area offers great opportunities for small and large companies that are looking to grow.  Renting a cheap office space on a short term basis is another option, but if you have many employees and need big open floor plan, then we can help you find that also.

Office Space Rates:

The area has a long-standing tradition of business in a variety of areas. Aside from the strong military presence, there are many office spaces in the revitalized downtown area and beyond. The area has office suites, executive offices, warehouse options, and retail storefronts at a variable rate of prices.  IN a recent search of the vacancies in the greater Norfolk area, results yielded many options priced at around $500 a month for smaller Norfolk office spaces and upwards of 3,000 square feet and beyond for competitive rates of $1.30 - $2 a square foot and lower. Much like many other large scale cities the prices are comparable and in line with industry standard.  Searching for a Norfolk executive office suite - or larger commercial office building - to lease can be quite a challenge, but when you work with Officespaceheaven.com we can help.  Some of the local cities that we work with near Norfolk are Newport News, Portsmouth, and Virginia Beach.  The local zip codes are 23502, 23503, 23504, 23505, 23508, 23507, 23509, 23520, 23513.

Real Estate:

The median home price of the greater Norfolk area has dropped slightly but has been around $357500 and is relatively high compared to other areas. While the real estate market is arguably solid in the area, it is not immune to the economical downturns that much of the United States has been under. The mayor of Norfolk is Paul D. Fraim and has been a part of the political scene for quite some time. Since taking office the mayor has been pushing for lower crime, a broader and diverse culture, balanced budget and job growth and creation. While the area is growing, it still has a ways to go.