• Annual net absorption fell to 477,152 in Q2 2018 following 189,217 sf of net absorption in Q2 2018
  • The overall vacancy rate tightened to 9.2% in Q2 2018 while the overall availability rate rose over the quarter, ending Q2 2018 at 13.5%
  • Average asking rent climbed to $19.87 in Q2 2018
  • Richmond's overall development pipeline grew to 388,543 in Q2 2018