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Fredericksburg MarketBeat Reports

Jonathan Koes • 10/12/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Fredericksburg MarketBeat reports below.

 

Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 Fredericksburg Office Report

The overall vacancy rate in Fredericksburg increased in Q3 2020, rising from 8.6% in Q2 to 9.6%. Negative absorption occurred in most submarkets this quarter, as companies continue to rethink their space needs in the wake of the pandemic.

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Industrial MarketBeat Report
Q3 2020 Fredericksburg Industrial Report

Demand for warehouse space in Fredericksburg continues to drive the industrial market and availability is still tight with the vacancy rate in Q3 staying at 3.5%. 

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Retail MarketBeat Report
Q3 2020 Fredericksburg Retail Report

Fredericksburg's retail vacancy rate in Q3 lowered to 4.1% from 4.5% a year ago. Net absorption stayed positive as demand remained steady throughout the quarter, and Q3 leasing activity picked back up again with more deals than Q2.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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