Durham Industrial

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,500
As of: July 26, 2017

Durham Rates

The typical asking rate per listing is in the $20's per square foot per year. The Durham region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the The Triangle market, the Durham submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Durham Listing Supply

In the last 90 days, 76 listings have been made available, so you'll want to check back regularly for new listings. About 97% of the available leases in the Durham are subleases, so you might be able to snag a great spot on a short term. 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 4,270 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region 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