Location: Richmond, VA
The 12-building light industrial portfolio totals 596,542 square feet in an attractive and well-landscaped 42-acre campus environment. With convenient access to Interstate 64, the property benefits from frontage on both South Laburnum Avenue and Charles City Road with multiple means of ingress and egress along each prominent roadway. Byrd Center is one of Richmond’s largest assemblages of light industrial space and has a mix of tenants including international, national, regional, local companies and government agencies. Several tenants are drawn to Byrd Center for nearby immediate access to the Richmond International Airport while others benefit from the convenience of the location especially to the east, north, and south portions of Richmond. Interstates 64, 95, 295, and 895 which are readily accessible for tenants of and visitors to Byrd Center.
Richmond’s reputation as a coveted investment market is well deserved due to its supply-constrained market, its location among a dense and vibrant amenity base, and its location at the hub of a mature and far-reaching transportation infrastructure. I-64, a major east-west artery, and I-95, the East Coast’s major north-south artery, offer fast and convenient access to the entire region and beyond to nearby markets including Washington, DC which is just 1 ½ hours to the north. Forty percent of Richmond-area adults have a college degree or higher, while 90% of the population over twenty-five holds a high school degree or higher. Richmond’s recent accolades include top rankings as a best place to live, city for business growth, and city for millennial entrepreneurs.
