• Annual net absorption rose to 286,013 in Q2 2018 following 353,975 sf of net absorption in Q2 2018
  • The overall vacancy rate tightened to 11.1% in Q2 2018 and the overall availability rate similarly fell over the quarter, ending Q2 2018 at 15.0%
  • Average asking rent climbed to $19.46 in Q2 2018
  • Richmond's overall development pipeline grew to 173,139 in Q2 2018