The Triangle Industrial

The Triangle

Office Space Market Report

Number of Listings (last 90 days)
358
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,020
As of: December 6, 2016

The Triangle Rates

The typical asking rate per listing is in the $20's per square foot per year. The The Triangle region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

The Triangle Listing Supply

In the last 90 days, 359 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases 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 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 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. 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