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Industrial and warehouse spaces in Richmond are critical for logistics and distribution, leveraging the city’s connectivity to I-95 and other major highways. These spaces play a pivotal role in supporting the regional economy, especially for companies involved in manufacturing, e-commerce fulfillment, and supply chain management. Long-term leases (3-5 years, accounting for 27.24%) and even longer commitments (5+ years, making up 19.38%) are favored by companies involved in manufacturing and regional distribution. Industrial zones such as the Richmond Marine Terminal and the eastern logistics hubs offer prime locations for businesses requiring warehousing and distribution capabilities. The ongoing expansion of e-commerce, coupled with the growth of distribution networks, is expected to drive increased demand for strategically located industrial spaces. As companies continue to scale their logistics operations, Richmond’s industrial market will remain essential for efficient supply chain connectivity.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
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