The Triangle Industrial

The Triangle

Office Space Market Report

Number of Listings (last 90 days)
751
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,300
As of: February 22, 2017

The Triangle Rates

Most listings are in the $20's per square foot per year. The The Triangle submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

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

The Triangle Listing Supply

In the last 90 days, 733 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the The Triangle are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1995 and are Class B.

The Triangle Community

Market Report

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

Market Data

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