• Annual net absorption fell to 619,080 in Q4 2017 following 6,820 sf of net absorption in Q4 2017
  • The overall vacancy rate tightened to 10.7% in Q4 2017 while the overall availability rate rose over the quarter, ending Q4 2017 at 13.7%
  • Average asking rent climbed to $19.65 in Q4 2017
  • Richmond's overall development pipeline grew to 437,141 in Q4 2017