• Annual net absorption fell to 317,430 in Q3 2018 despite the 67,913 sf of net absorption posted over the quarter
  • The overall vacancy rate tightened to 6.9% in Q3 2018 while the overall availability rate rose over the quarter, ending Q3 2018 at 9.8%
  • Average asking rent climbed to $16.61 in Q3 2018
  • Richmond's overall development pipeline grew to 424,993 in Q3 2018