Warehouse District Office Space

Warehouse District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
17,000
As of: January 22, 2017

Warehouse District Rates

The typical asking rate per listing is in the $30's per square foot per year. The Warehouse District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $36 per sqft per year.

Compared to the rest of the The Triangle market, the Warehouse District region has greater rates, and you'll need to pay a premium to be in this hot region.

Warehouse District Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 17,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this market were built in 1926 and are Class A.

Warehouse District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Warehouse District residents. Commuting approximately 15 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 Warehouse District.
Market Report

Market Data

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