Location: Chesterfield, VA
TradePort95 is positioned in a prime industrial location that can provide warehouse, distribution and service contractors unparalleled access to rail, air, ground and sea capabilities and reduced transportation costs. The property is designed for exceptional functionality with best in class loading ratios, abundant auto parking, 40’ clear height, and multiple access points, which will consist of three Class A buildings totaling 1,330,000 square feet. Buildings 1 and 2 are 500,000sf each in a cross-dock design, 500’ side to side and 1,000’ in length. Located just minutes from Interstates 64, 295 and 95, the east coast’s main distribution corridor, users can reach 55% of the Nation’s consumers within a two-day delivery radius by truck. Richmond International Airport (RIC) is located within 8 miles of the property and is accessible in approximately fifteen minutes by vehicle. RIC is one of the busiest air cargo facilities in the nation as more than 100 million pounds of cargo are handled annually by air carriers, including Federal Express (FedEx) and United Parcel Service (UPS). The Richmond Marine Terminal, with the quickest access of any port to I-95, is just 5 miles to the north of TradePort 95 Richmond.
With a Metropolitan Statistical Area population of over 1.26 million people, Richmond, is the capital of the Commonwealth of Virginia, as well as its fourth largest city. It is approximately 100 miles south of Washington, DC and is the southernmost city on the traditional I-95 business corridor which includes Richmond, Baltimore, Washington, DC, Philadelphia, New York City and Boston. Richmond is almost precisely at the midpoint of I-95, which is the primary north-south arterial on the east coast running the length of the Country from Maine to Miami. Richmond boasts one of the lowest average commute times for major cities on the eastern seaboard at 21.9 minutes.
Virginia is consistently ranked in the ranked in the top seven states for business according to CNCB, which includes the #1 state for business in 2019. Virginia earned its ranking due to its strong incentive offerings, business friendly government policy and diversified economy. Of the Nation’s largest 101 metropolitan areas, Richmond ranked #3 on the 10 Best Places to Start a Business (according to Inc. Magazine). For these reasons, eleven Fortune 1000 companies, including Altria Group, Carmax, Dominion Energy and Performance Food Group, have headquarters in the Richmond Area.
In Virginia, state and local governments are very supportive of business. The tax burden is moderate and is shared between business and individuals. Richmond offers the 3rd lowest combined state and local sales tax rate in the Nation, amongst cities with 200,000 people or more, and Virginia has the Nation’s 6th lowest combined state and local sales tax rate. Virginia offers one of the best pro-business climates in the Nation.
