Monday, June 29, 2026
Family Office Briefing on research byNewmark·Apr 28, 2025

Richmond Industrial Market Report 1Q25

Richmond industrial market shows strong fundamentals in 1Q25 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialRichmondVirginia

Key Metrics

MetricValue
Vacancy Rate5.0%
Net Absorption800,000SF
Average Asking Rent9.52PSF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Richmond? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.