Family Office Briefing on research byMarcus & Millichap·Feb 11, 2026
Richmond Office Market Report - 1Q 2026
Richmond office market shows strong demand for Class A space in 1Q 2026 — family offices should consider co-GP opportunities with established operators.
Key Metrics
| Metric | Value |
|---|---|
| Downtown submarket vacancy rate | ~11% |
| Downtown submarket vacancy change | >100bps |
| Metrowide Class B/C vacancy | ~10% |
| Class A vacancy rank | second-lowestamong major markets |
Metrics extracted from the source report and independently fact-checked. Method →
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