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Venture gets underway on Richmond, Virginia, spec industrial project

Summit Real Estate, Loci Capital break ground on West Creek Commerce Center
The West Creek Commerce Center is scheduled to open later this year. (Cushman & Wakefield Thalhimer)
The West Creek Commerce Center is scheduled to open later this year. (Cushman & Wakefield Thalhimer)
By Mark Blowers
CoStar Research
January 9, 2026 | 8:39 P.M.

A joint venture is underway on a speculative industrial project in Richmond, Virginia, to capitalize on what the partnership touted as one of the most resilient and liquid secondary industrial hubs in the Southeast.

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News | Venture gets underway on Richmond, Virginia, spec industrial project