Business Parks
Opportunities in real estate are plentiful in pro-development Portsmouth – and have never been a better value. A carefully engineered mix of new and redeveloped properties offer office and industrial space throughout the city. And with several new projects currently under development, the opportunities – and values – increase practically every day.
Airline Business Park
Private 14-acre condominium park featuring five flex buildings totaling 114,000 square feet. Located less than one mile from Interstate 264. For information on available buildings, contact: Brian Baker, GVA Advantis (757) 627-0661.
Beechdale Commerce Park
Private 20-acre light industrial park located 1.5 miles from Interstate 264 near the Portsmouth/Chesapeake border.
Greenwood Industrial Park
Private 30-acre office/light industrial park adjacent to Interstate 264 near the Portsmouth/Chesapeake border. For information on available buildings, contact: Bill Throne, GVA Advantis, (757) 627-0661.
MAST Center Corporate Research Park
32-acre research, technology and education campus developed by the cities of Portsmouth and Suffolk. The campus master plan includes 9 buildings with approximately 420,000 square feet, including the new Old Dominion University Tri-Cities Education Center, the Virginia Modeling, Analysis and Simulation Center and MAST One, a 60,000 square-foot spec research and technology building. For more information, contact: Portsmouth Economic Development, (757) 393-8804.
PortCentre Commerce Park
60-acre office/flex/light Industrial park located south of Downtown Portsmouth near Interstate 264 and the Downtown Tunnel. Empowerment, Enterprise, Foreign Trade & HUBZone incentives. Future expansion will add 12 acres. For information on available property, contact: Portsmouth Economic Development, (757) 393-8804.
Victory Village
This mixed-use park is one of Portsmouth’s largest developable tracts of land and the second planned business park in the city. The 135-acre park will host Class A and B office buildings, retail and Tidewater Community College’s Portsmouth Campus, a state-of-the-art center of higher education for the 21st Century. The park is readily accessible to I-264, I-64, I-664 and State Highway 58. Empowerment, Enterprise & HUBZone incentives. For more information, contact: Portsmouth Economic Development, (757) 393-8804.
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IS YOUR PROPERTY LOCATED IN AN INCENTIVE ZONE?
To determine if an address is located within one of Portsmouth’s Incentive Zones, visit the U.S. Census Bureau website to get the corresponding Census Tract Number, then reference the map of incentive zones to see if the census tract qualifies for incentives.