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.