• Annual net absorption rose to 2,680,552 in Q4 2017 following 575,503 sf of net absorption in Q4 2017
  • The overall vacancy rate tightened to 3.4% in Q4 2017 and the overall availability rate similarly fell over the quarter, ending Q4 2017 at 6.2%
  • Average asking rent climbed to $4.86 in Q4 2017
  • Richmond's overall development pipeline grew to 982,970 in Q4 2017