• Annual net absorption fell to 1,402,830 in Q2 2018 with 577,968 sf of net absorption posted over the quarter
  • The overall vacancy rate tightened to 3.4% in Q2 2018 and the overall availability rate similarly fell over the quarter, ending Q2 2018 at 6.6%
  • Average asking rent climbed to $4.90 in Q2 2018
  • Richmond's overall development pipeline grew to 2,256,349 in Q2 2018