Richmond, VA · Updated weekly
Richmond deal & development tracker
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September 2026
SaleOfficeHenrico
Highwoods sells six Innsbrook office buildings to Seminole Trail
Innsbrook, Glen Allen
486,916 SF across six buildings for $53M (about $109/SF), per C&W | Thalhimer; Highwoods’ release put the portfolio at 472,000 SF. Brings the buyer to more than 1.3M SF in 17 office buildings.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q3 2026SaleOfficeRichmond
Turning Basin Building sells downtown
111 Virginia St, CBD
88,905 SF for $8.5M (about $95/SF); Jewell Capital sold to SNP Properties.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q3 2026LeaseOfficeRichmond
VCU Health System Authority renews 33,020 SF at Jackson Center
501 N 2nd St, North Broad
Renewal; the largest office lease C&W lists for Q3.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q3 2026
July 2026
SaleOfficeHenrico
West End office building sells to a healthcare user
2402 N. Parham Rd
12,000 SF office built in 2004, sold for $3.1 million (about $258/SF) to New Core Healthcare.
Richmond BizSense — The Pipeline: Commercial real estate roundup for 7.24.26
June 2026
LeaseOfficeHenrico
McKesson renews 119,779 SF in Innsbrook
9954 Mayland Dr
Renewal at Marwaha Business Plaza.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q2 2026LeaseOfficeHenrico
Davenport & Company leases 117,860 SF in the West End
2035 Maywill St, Kinsale Center
New lease; headquarters move from downtown Richmond, slated for the second half of 2027.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q2 2026
February 2026
SaleOfficeRichmond
Highwoods sells its last Stony Point-area office buildings
Stony Point area
Reported sale price of $42M.
Richmond BizSense — Highwoods sells last of its Stony Point-area office buildings for $42M
January 2026
SaleOfficeHenrico
Cox Road office portfolio sells
Innsbrook
Three fully leased buildings, 300,364 SF, for $44.5M to Easterly Government Properties.
Newmark, 1Q26 Richmond Office Market Overview