Office — Richmond — Price Per SF Analysis
Richmond Office Building Sales: A Price Per SF Analysis (2016–2026)
Richmond office pricing divides sharply by building format and location. This report tracks nine transactions from July 2016 to January 2026, representing $303.7 million in total volume. Small-format owner-user buildings have consistently achieved $700–$803/SF, while larger investment-grade suburban product has traded at $308–$489/SF. The most current transaction — 8971 Beckwith Road at $729/SF in January 2026 — confirms that owner-user demand for quality small-format Richmond office remains active.
9Transactions
$558Avg $/SF (ex. AEP)
$294Low (Airport Exec, 2019)
$803High (Churchill Ctr, 2019)
$303.7MTotal Volume
$729Most Recent (Jan 2026)
Charts & Transaction Table
Price Per SF — Richmond Office Sales, 2016–2026
City Centre / Cook Rd
Airport / Shellbridge Way
Beckwith Road
River Road
Granville Avenue
Horseshoe Way
Forge Place
Jacombs Road
Each bubble is one transaction. Bubble size scales with sale price (Airport Executive Park capped for readability at $25M equivalent). Building SF implied from sale price ÷ $/SF. Hover for details.
| Date ↕ | Property ↕ | Bldg SF ↕ | Price ↕ | $ / SF ↕ |
|---|
9 transactions, July 2016 – January 2026. Building SF implied from sale price ÷ $/SF. Airport Executive Park ($208M, 707,483 SF) is a portfolio transaction. Click any column header to sort.