Richmond · Lease
Industrial Space for Lease in Richmond.
Richmond's industrial market is dense, specialized, and tightly held. I don't only show my own listings - I search the full Richmond market and surface options matched to your specs across cold storage, food-grade, distribution, and flex inventory.
Market Context
The current market.
Richmond industrial vacancy stays among the tightest in Metro Vancouver. Asking net rents trade $17 to $22 PSF for modern Class A distribution, with cold storage commanding $28 to $40+ PSF for purpose-built temperature-controlled space. Operating costs run $5 to $9 PSF. Highway 99 corridor, Bridgeport, and East Richmond near the Fraser River host the densest concentrations.
What You’ll Get
The shortlist.
Shortlist of industrial options matching your specs
Cold storage and food-grade options surfaced where relevant
Submarket comparison: Bridgeport vs East Richmond vs Highway 99 corridor
Lease negotiation support and TI strategy
No cost to tenants - tenant rep fees are landlord-paid
Why Use a Broker
No cost to tenants.
Tenant rep fees are landlord-paid. I work exclusively in industrial, and NAI Commercial Vancouver's depth of relationships with Richmond's institutional landlords delivers off-market inventory and direct landlord conversations.
Send Requirement
Tell me what you need.
Send size, use, loading, parking, power, and timing. I’ll search the full market and return a shortlist of viable industrial space options within the business day.
FAQ
Common questions.
What are industrial lease rates in Richmond?
Asking net rents trade $17 to $22 PSF for modern Class A distribution in Richmond. Cold storage and food-grade space commands $28 to $40+ PSF. Operating costs add $5 to $9 PSF. Submarket and building specs drive real variance.
Is cold storage available for lease in Richmond?
Cold storage in Richmond is scarce. Purpose-built temperature-controlled space rarely turns over and frequently goes pre-leased. The path forward is usually conversion of standard industrial space (with significant tenant capex) or build-to-suit through landlord relationships. Lead times for cold storage occupancy typically run 9 to 18 months.
What attracts tenants to Richmond?
YVR adjacency for time-sensitive shipments, the established food distribution and cold-chain cluster, Highway 99 corridor access, and proximity to the Port of Vancouver. Tenants in food, biologics, fresh produce, and specialty distribution typically have a structural preference for Richmond.
Can I find smaller (under 10,000 SF) industrial units in Richmond?
Yes, smaller industrial units in the 3,000 to 10,000 SF range are available in Richmond, though supply is tight. Multi-tenant flex buildings in Bridgeport and East Richmond host most of the smaller-format inventory. Asking rents on smaller units run higher per SF than large-format Class A.