FY 2016 3rd Quarter Commercial Report
Office Market
Office vacancy rates across the region remain high, but Manassas has fallen to a low of 7.5 percent. This is significantly below the 5-year average of 10.6 percent. Rental rates fell during the quarter to $18.80 but are expected to rebound; the average over the last five years has been $19.68.
Retail Market
The retail market remains strong as development and relocation interest grows from prospective developers and businesses. At the close of the 3rd quarter, rates hit a 2016 high of $22.80 while vacancy was just over 5 percent.
Industrial/Flex Market
The 4.5 percent vacancy rate in the City is consistent with neighboring communities. With average rental rates of $9.38, and new product entering the market, the City will be at a competitive advantage-offering new, Class A Flex space at a lower price than others.
The Economic Development Office maintains an inventory of available commercial space which can be found on the City webpage at www.manassasva.gov/ED or call 703-257-8881.
Recent Stories
Savor la dolce vita with handmade pasta, rustic ambiance, and romantic charm at Orofino in downtown Fredericksburg—your next unforgettable date night awaits.
Kalahari Resorts & Conventions celebrated a key construction milestone on Wednesday, June 4, 2025, as CEO Todd Nelson, Governor Glenn Youngkin (R), and state and local leaders gathered at the future site of Virginia’s largest indoor waterpark to tout the project’s progress and economic promise.
Town leaders are weighing a major redevelopment proposal that could transform the historic property at 14600 Washington Street—the former Gainesville District School building later used by PACE West—into a new residential and commercial enclave.
From big roadwork in Stafford to kid-friendly water play in Dale City, this edition of Neighborhood Notes covers what’s happening across our communities. We’re spotlighting educators, recognizing Pride Month, and sharing a timely internship opportunity for NOVA students. Dive in for all the details.
The most anticipated night of the year is almost here! This Saturday, May 31, step into the romance, elegance, and charm of Paris—without ever leaving Washington, DC.
Join us for An Evening in Paris, an unforgettable soirĂ©e celebrating the best of French culture. Experience an immersive evening filled with gourmet French cuisine, refined wines, captivating live music, and the irresistible ambiance of the City of Light. Whether you’re a lifelong Francophile or simply love a night of sophistication, this is a celebration you won’t want to miss.
✨ Highlights of the evening include:
Calling all WSHS Class of 1975 graduates! Our class has planned our 50-Year Class Reunion to be held September 26-28, 2025 in Woodbridge, Virginia. Reunion details and registration information are available to be sent to you.
To find out more, please email our reunion committee at [email protected]
Your Weight Matters National Convention
Hosted by the Obesity Action Coalition (OAC) since 2012, this highly-anticipated gathering is the nation’s leading gathering focused on empowering individuals with science-based education, support and practical tools for managing weight and improving health.
This unique Convention truly has something
Van Metre 5K Run
Participate in the 33rd Annual Van Metre 5K Run—a race that goes further than 3.1 miles, where every stride you take supports Children’s National Hospital. The Van Metre 5K Run donates 100% of proceeds to Children’s National Hospital and has
