Richmond, VA Commercial Inventory Breakdown
Office Spaces
Total: 22,595,168 SF
By square footage range:
- 50k to 100k SF: 4,152,933 SF / 18.38% of total office
- 100k to 500k SF: 14,924,582 SF / 66.05% of total office
- 500k to 1M SF: 3,517,653 SF / 15.57% of total office
By class:
- Class A: 12,054,565 SF / 53.35% of total office
- Class B: 7,808,044 SF / 34.56% of total office
- Class C: 264,324 SF / 1.17% of total office
Top 10 Largest Office Buildings
in Richmond
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 600 Canal Place | 600 Canal Place, 23219 | 913,337 | 2019 |
| 700 Canal Place | 701 East Cary Street, 23219 | 911,000 | n/a |
| VCU Health Adult Outpatient Pavilion | SWC North 10th Street & East Leigh Street, 23298 | 603,000 | 2021 |
| Bank of America Center | 1111 East Main Street, 23219 | 545,316 | 1973 |
| 500 North 10th Street | 500 North 10th Street, 23219 | 545,000 | n/a |
| Two James Center | 1021 East Cary Street, 23219 | 498,436 | 1986 |
| Riverfront Plaza - West Tower | 901 East Byrd Street, 23219 | 490,865 | 1990 |
| One James Center | 901 East Cary Street, 23219 | 488,976 | 1984 |
| SunTrust Center | 919 East Main Street, 23219 | 458,000 | 1982 |
| VA Bio+Tech Park - Bio+Tech Nine | 601 East Jackson Street, 23219 | 450,000 | 2007 |
Most Recently-Built Office Buildings
in Richmond
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 600 Canal Place | 600 Canal Place, 23219 | 913,337 | 2019 |
| Virginia Urology Headquarters | 9101 Stony Point Pkwy, 23235 | 87,000 | 2018 |
| Sean Reynolds Building | 6946 Forest Avenue, 23230 | 49,200 | 2018 |
| 1717 Innovation Center | 1717 East Cary Street, 23223 | 42,000 | 2018 |
| 1806 Summit Ave | 1806 Summit Avenue, 23230 | 35,985 | 2018 |
| The Symbol | 3200 Rockbridge Street, 23230 | 60,000 | 2017 |
| Children's Hospital of Richmond at VCU - Children's Pavilion | 1000 East Broad Street, 23219 | 309,537 | 2016 |
| Stony Point Campus - 9109 Stony Point Drive | 9109 Stony Point Drive, 23235 | 66,678 | 2016 |
| Gateway Plaza | 800 East Canal Street, 23219 | 323,800 | 2015 |
| Reynolds Crossing - 6627 West Broad Street | 6627 West Broad Street, 23230 | 37,658 | 2015 |
FREQUENTLY ASKED QUESTIONS
How much does office space cost in Richmond, VA?
The average office rental rate in Richmond, VA is $19.48 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways.
What is the size of available office spaces in Richmond, VA?
The Richmond, VA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 71,464 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Richmond, VA is 500 square feet, while the maximum rentable space on the market now is 142,428 square feet.
How do I get office space in Richmond, VA?
Start your search for office space in Richmond, VA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Richmond, VA?
There are 220 office listings on the Richmond, VA market.
Richmond Demographics
Population
- Total Population223,787
- Male Population(47.5 %) 106,222
- Female Population(52.5 %) 117,565
- Median Age33.80
Income/Financial
- Average Household Income$71,732
- Median Household Income$45,117
- Median Income Under 25$20,662
- Median Income 25-44$51,735
- Median Income 45-64$51,206
- Median Income Over 65$36,356