Richmond Industrial Market Report 1Q26
Newmark's Richmond Industrial Market Overview for first quarter 2026 presents economic and leasing fundamentals for the region's industrial real estate sector. Key findings include a 5.8% vacancy rate (11th-tightest nationally), average asking rents of $8.09/SF with 7.3% year-over-year growth, 1.4 million SF of first-quarter deliveries with 70,000 SF of negative net absorption, 9.4 million SF under construction, and an unemployment rate of 3.6% significantly below the national average of 4.4%.
Published by Newmark. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Newmark
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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