Raleigh Industrial

Raleigh

Office Space Market Report

Number of Listings (last 90 days)
293
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,010
As of: February 24, 2017

Raleigh Rates

The typical asking rate per listing is in the $20's per square foot per year. The Raleigh submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the The Triangle market, the Raleigh region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Raleigh Listing Supply

In the last 90 days, 286 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Raleigh are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1986 and are Class B.

Raleigh Community

Market Report

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

Market Data

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