Hampton Roads
Virginia
Hampton Roads is the 33rd largest MSA in the United States, with a population of more than 1.7 million. Hampton Roads supports the largest active duty military population in the US with 11 major military installations representing all branches of the U.S. Armed Forces, including the world’s largest naval base. More than two-thirds of the nation’s population and marketplace are within 750 miles of Hampton Roads.
While the Hampton Roads market is one region, it includes 13 separate municipalities. The market is physically divided by the James River, with two-thirds of the population on the “Southside” of the James and one-third of the population north of the James, called the “Peninsula”. The Hampton Roads Bridge Tunnel, Monitor Merrimac Tunnel and James River Bridge provide three access points between the Peninsula and Southside.
Hampton Roads is known as America’s Birthplace for contributing over 400 years of history, starting with the Historic Triangle. Millions of visitors come to experience Colonial Williamsburg, the Jamestown Settlement and the Yorktown Battlefields. Virginia Beach is also a major tourist destination for the oceanfront resort area. The market is well served by two airports (Norfolk/Virginia Beach International and Patrick Henry Airport) and an Interstate network connecting to I-95.
Cushman & Wakefield | Thalhimer’s Hampton Roads offices are located in Oyster Point Park in Newport News and the Virginia Beach Town Center. More than thirty broker professionals serve retail, office, industrial and hospitality requirements.
Andy Dallas, CCIM, SIOR
Senior Vice PresidentBobby Phillips, SIOR
First Vice President, Certified Supply Chain SpecialistBrett Sain
First Vice PresidentChris Rouzie
Executive Vice President, Regional ManagerChristine Kaempfe, SIOR
Senior Vice PresidentClark Simpson
Senior Vice President, Capital Markets GroupClay Culbreth
Senior Vice President, Industrial PropertiesClay Willis
AssociateDavid Butchello
Vice President, HospitalityDavid Machupa
Senior Vice President, Retail ServicesDawn Griggs, SIOR
First Vice PresidentDean Martin
First Vice PresidentDrew Haynie
First Vice PresidentEdward Kimple
Senior Vice PresidentEllis Colthorpe
Senior AssociateEric Stanley
First Vice President, Retail PropertiesErik Conradi
Senior Associate, Capital Markets GroupGeoff Poston, SIOR
Senior Vice PresidentJanet Whitbeck
Senior Vice PresidentJohn Duffy, Jr., CCIM, SIOR
Vice PresidentJosh Fulton
Senior AssociateKenneth Penrose, Jr.
Vice PresidentRob Wright
Senior Vice PresidentRobert Thornton, CCIM, SIOR
Senior Vice PresidentTaylor Anderson
AssociateTed Levin
Vice President, Retail PropertiesTeresa Nettles
Senior Vice President, Office PropertiesTom Dana
Vice PresidentTony Weiss
Vice PresidentWick Smith
Senior Vice PresidentWilliam Throne, CSCMP, CCIM, SIOR
Senior Vice President, Certified Supply Chain ProfessionalFast Facts
MSA
- Population: 1,718,624
- Median Age: 37.8
- Median Household Income: $63,481
- Employment: 949,496
- Unemployment Rate: 4.4%
- GDP: $94.9 billion
Major Employers in Hampton Roads
Leading Employers
Company | Product/Service | Estimated Employment |
---|---|---|
Sentara Healthcare | Norfolk | 22,000 | |
Norfolk Naval Shipyard | Portsmouth | 8,500 | |
Smithfield Foods, Inc. | Smithfield | 2,700 | |
Old Dominion University | Norfolk | 4,000 | |
Amerigroup Corporation | Virginia Beach | 1,700 | |
AMSEC LLC/SAIC | Virginia Beach | 1,200 | |
GEICO Direct | Virginia Beach | 2,300 | |
STIHL Inc. | Virginia Beach | 2,000 | |
Huntington Ingalls Industries, Inc. (Newport News Shipbuilding) | Newport News | 24,000 | |
Riverside Health System | Newport News | 8,000 | |
Canon Virginia | Newport News | 2,000 | |
NASA Langley Research Center | Hampton | 1,800 | |
Colonial Williamsburg Foundation | Williamsburg | 2,500 | |
Anheuser Busch, Inc. / In Bev | Williamsburg | 600 |