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 | $26.18 | $18.58 |
| Suburban | $20.48 | $17.69 |
| Totals | $22.29 | $17.83 |
| Industrial | |
|---|---|
| Flex | $9.43 |
| Warehouse / Distribution | $4.67 |
| Totals | $5.19 |
Note: Asking rental rates are per square foot per year triple net.
Source: CoStar Market Reports, Third Quarter 2019.