Durham Industrial

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,700
As of: June 22, 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 a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

Durham Listing Supply

In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 161% of the office spaces 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.

The standard measurement for office space in this area is around 2,440 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market 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