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Industrial availability rate in Richmond hits highest point in two years

Availability is highest in logistics properties
CoStar Analytics
December 24, 2024 | 7:00 P.M.

The industrial availability rate in the Richmond, Virginia, market hit its highest point in two years as developers continue to pile on space to meet demand from tenants looking to take advantage of the growing Port of Virginia, the inland terminal and the city's position along some of the East Coast’s most heavily traveled corridors.

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