Brambleton Town Center

The main purpose of this retail market study was to determine the level of demand for a retail-based town center in Loudoun County, Virginia, which is one of the fastest-growing counties in the country. Tasks involved in this study included: evaluate successful town center developments around the US to see “what works”; access supportable retail space in the present and over the next ten years; recommend a retail development program for the proposed town center with regard to tenant mix and design; and recommend staging and sequencing of the retail components of the town center.

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Metro Park VII

The purpose of this market study was to assist ING Clarion with internal planning for a five-story, 75,424 RSF office condominium building and 133,270 SF parking garage on a 7.07-acre site in Springfield, Virginia. Services provided by Delta Associates include a site evaluation; market data collection for Northern Virginia and the subject’s immediate area, including inventory, vacancy, absorption levels, and rents, as well as demographic and economic data; a supply/demand analysis; and an estimation of sales prices and absorption for the subject.

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One Light Street

DRI Partners planned a mixed-use development consisting of office, retail, multifamily residential, and hotel uses in Downtown Baltimore, MD. Delta studied the 200,000 – 250,000 square foot office component. Major tasks included: draw conclusions about current office market conditions and over the next two years in Baltimore City, paying close attention to inventory, vacancy, absorption, rents, and demographic data; project absorption vs. planned supply; survey competitive projects in detail; estimate rental rates and other typical lease terms, and lease-up pace for the subject; and identify likely target tenant types.

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