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Richmond annual office sales hit second-highest mark on record

Medical office properties drive spike in sales volume in Virginia's capital region
A $171 million medical office portfolio sale in November included 1501 Maple Ave. in Richmond, pictured. (CoStar)
A $171 million medical office portfolio sale in November included 1501 Maple Ave. in Richmond, pictured. (CoStar)
CoStar Analytics
January 30, 2026 | 5:33 P.M.

Office sales volume in Richmond, Virginia, reached the second-highest level on record in 2025, at $586 million, as an improving market and a spike in medical office sales drove deals.

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