Hampton Roads is the 37th largest market in the United States, and Virginia Beach is the nation’s 39th largest city. The area is characterized by the Norfolk Naval Base, the world’s largest; the Virginia Beach Oceanfront; Huntington Ingalls Industries (Newport News Shipbuilding), Virginia’s largest private employer; NASA Langley and Langley Air Force Base in Hampton; and the historic triangle of Jamestown, Yorktown, and Colonial Williamsburg. The population in Chesapeake is educated, with 43% possessing associate degrees or higher and 93% have high school diplomas or higher. There is a median age in the city of 36 and only 2.9% unemployment with 125,668 in the labor force. Over 72% of the residents own their own homes.

Hampton Roads’ prime geographic position, coupled with its efficient transportation network, affords easy access to regional, national and international markets alike. Ports along the region’s extensive waterfront allow cargo to be easily imported and exported. Major railroad companies, Norfolk Southern and CSX, offer service to every major industrial location in the country.

The properties in this office portfolio are only a short distance to Norfolk International Airport, which offers over 2,000 monthly departures and serves approximately three million passengers annually. They are also very well positioned along major area highways, allowing smoothly flowing travel through the region and beyond. Interstate 64 extends to Richmond, while the Chesapeake Bay Bridge Tunnel, I-85 and I-95 connect Virginia Beach to the Northeast and Southeast markets. Virginia has one of the finest highway systems in the U.S. The constantly expanding network of highways in Hampton Roads totals more than 120 miles and the average commute time is just 23 minutes.