Compared to the rest of the The Triangle market, the Warehouse District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 17,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 7 floors. Most buildings in this area were built in 1926 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Warehouse District folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.