City Center Industrial

We couldn't find any industrial spaces for Lease and Sublease

City Center

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
3,500
As of: August 19, 2017

City Center Rates

Most listings are in the $30's per square foot per year. The City Center region is going through a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a 104% rise in rent.

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

City Center Listing Supply

In the last 90 days, 7 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 114% of the office spaces in the City Center are subleases, so you might be able to find a shorter term or below market rent. 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 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 7 floors. Most buildings in this area were built in 1973 and are Class A.

City Center Community

Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst City Center folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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