Real estate in the Richmond Region offers a variety of affordable options for small and large businesses, including prepared sites and buildings in more than 100 office and industrial parks and incubator facilities for small/start-up businesses.
The Greater Richmond Partnership, along with the local economic development offices, can work to facilitate fast-tracking your project.
| Office | Class A | Class B |
|---|---|---|
| Central Business District | $26.32 | $20.53 |
| Suburban | $21.06 | $17.83 |
| Totals | $24.20 | $19.40 |
| Industrial | |
|---|---|
| Flex | $12.09 |
| Warehouse / Distribution | $6.53 |
| Totals | $7.21 |
Note: Asking rental rates are per square foot per year triple net.
Source: CoStar Market Reports, December 2021; Colliers Research and Forecast Report Q3 2021.