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 | $27.49 | $20.37 |
| Suburban | $21.17 | $17.67 |
| Totals | $23.23 | $18.99 |
| Industrial | |
|---|---|
| Flex | $10.90 |
| Warehouse / Distribution | $5.90 |
| Totals | $6.60 |
Note: Asking rental rates are per square foot per year triple net.
Source: CoStar Market Reports, Jan 2021; Colliers Research and Forecast Report Q4 2020.