Durham Industrial

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,790
As of: March 11, 2017

Durham Rates

The typical asking rate per listing is in the $30's per square foot per year. The Durham region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the The Triangle market, the Durham region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Durham Listing Supply

In the last 90 days, 76 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Durham are subleases, so you will probably have to consider a longer term lease. 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 4,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1995 and are Class A.

Durham Community

Market Report

Trends and status of the commercial real estate market in Durham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Durham.
Research