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.