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 | $24.97 | $18.35 |
| Suburban | $20.34 | $16.98 |
| Totals | $21.64 | $17.22 |
| Industrial | |
|---|---|
| Flex | $8.99 |
| Warehouse / Distribution | $4.51 |
| Totals | $5.04 |
Note: Asking rental rates are per square foot per year triple net.
Source: CoStar Market Reports, Fourth Quarter 2018.