• Annual net absorption rose to 780,591 in Q3 2018 despite the 226,204 sf of net absorption posted over the quarter
  • The overall vacancy rate tightened to 9.0% in Q3 2018 and the overall availability rate similarly fell over the quarter, ending Q3 2018 at 13.2%
  • Average asking rent climbed to $19.83 in Q3 2018
  • Richmond's overall development pipeline grew to 418,177 in Q3 2018