City Center Office Space

City Center

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,970
As of: July 21, 2017

City Center Rates

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

City Center Listing Supply

In the last 90 days, 7 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the listings in the City Center are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,970 sqft. Most properties in this region are approximately 7 stories. Most buildings in this region were built in 1973 and are Class A.

City Center Community

Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst City Center occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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