Richmond industrial insight - Q2 2018
In the second quarter, two new-to-market entrants will absorb blocks over 100,000 square feet by year-end. A tire distributor, Max Finkelstien, leased Medline’s former facility at 1900 Ruffin Mill Road, totaling 116,446 square feet. Additionally, PEG, LLC will move into Stalwart Films’ former facility at 4300 Carolina Ave., taking down all 219,981 square feet vacated last quarter. Also of note was the unveiling of “Project Goliath,” a 611,700-square-foot requirement that surfaced last quarter.