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RVA Industrial Market Review: Market Maintains Momentum

September 2020

Porter Realty Company was selected to contribute the industrial market review for the August 2020 issue of Southeast Real Estate Business.  Click the “press release” link below to view the entire article.

“At the mid-year mark, industrial occupancy in the greater Richmond area remains strong, closing with an overall occupancy rate of 92 percent in the categories being tracked…  Amazon continues to expand its metro area footprint with the announcement that the e-commerce giant has leased a new facility in Chesterfield County, and Wegmans Food Markets is set to build a 1.1 million-square-foot, $175 million distribution center and regional headquarters in Hanover County.”

View Press Release