Compared to the rest of the The Triangle market, the Warehouse District submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Warehouse District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,210 sqft. Most properties in this region are close to 7 floors. Most buildings in this area were built in 1926 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Warehouse District folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.