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Greater Richmond State of the Market

Wed Sep 09, 2026

Coundown Until event

Greater Richmond State of the Market

How Capital, Cranes, and Community Are Reshaping the Region

Wednesday September 9 2026 @ 8:00 AM EDT

$115.00

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Presented By

Speakers and Panels

Danny Avula
Keynote

Danny Avula

Mayor, City of Richmond
John Day

John Day

Chief Commercial Officer, CleanArc Data Centers
Carson Knisley

Carson Knisley

Vice President of Real Estate Acquisitions, Harbor Group
Jennifer Wakefield

Jennifer Wakefield

President & CEO, Greater Richmond Partnership

Why You Can't Miss Richmond's 2026 State of the Market

What You’ll Learn:

  • Why Richmond's office market is posting positive net absorption while most U.S. cities are still struggling to fill towers
  • How industrial and retail vacancy in Greater Richmond are hovering near historic lows — and what that means for investors
  • Where multifamily demand is headed as the region's supply pipeline begins to thin and rent growth accelerates
  • Which submarkets, from Scott's Addition and Southside to Chesterfield and Henrico, are attracting the most capital and why
  • How developers are structuring deals and securing financing in today's high-cost construction environment
  • What Richmond's wave of large-scale mixed-use development means for the region's long-term growth trajectory

 

Why This Matters:

The Greater Richmond region is in the middle of a defining moment. Billions of dollars in mixed-use, multifamily, industrial, and adaptive reuse projects are reshaping the region's skyline. Richmond's commercial fundamentals are outperforming the nation across office, industrial, and retail, while the multifamily market is absorbing a historic supply wave faster than expected, setting the stage for the next growth cycle. Capital is taking notice, with investors and developers from across the country starting to plant flags in RVA's most dynamic submarkets. Join Bisnow as we bring together the region's top developers, investors, brokers, and public sector leaders to break down what's driving Richmond's momentum, and where the smart money is moving next.

 

For questions, recommendations, comments, press inquiries, or if you are interested in sponsoring, please email Ian Wheeler at ian.wheeler@bisnow.com. To request disability-related accommodations, please contact sabrina.cole@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
8:00 AM
9:00 AM
Registration, Breakfast, and Networking
9:00 AM
9:45 AM
Richmond’s Commercial Success: Why Richmond's Office, Industrial & Retail Markets Are Winning
Richmond's office market is posting positive net absorption at a time when most cities are still struggling to fill towers. Industrial demand is relentless, ranking among the tightest markets in the country. And retail vacancy is hovering near historic lows as experiential tenants rush to backfill second-generation space. Greater Richmond's commercial sectors aren't just holding steady, they're outperforming the nation. This panel maps the opportunity across Richmond's diversified commercial landscape and the investors and operators best positioned to capture it.
9:45 AM
10:00 AM
Networking Break
10:00 AM
10:45 AM
Unlocking Residential Growth: The Capital, Strategies and Developments Shaping Richmond's Multifamily Future
Multifamily vacancy is declining, absorption is keeping up with deliveries, and Richmond's fundamentals are improving. With roughly 3,500 units still to come and employment growth supporting demand, the question isn't whether Richmond’s multifamily market is worth investing in, it's who is best positioned to capitalize on Richmond’s future growth. This panel breaks down how deals are getting done and where the opportunity is headed.
10:45 AM
11:30 AM
Closing Networking

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