Most listings are in the $30's per square foot per year. The Durham region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the The Triangle market, the Durham submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 886 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Durham are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,790 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1995 and are Class A.
Real time and historical data on commercial real estate listings in Durham.
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