Raleigh Office Space

7751 Brier Creek Pkwy Listing
Umstead, Raleigh, NC
# Legacy at Brier Creek - Class A Office Legacy at Brier Creek is a cutting-edge, Class A office building designed for a LEED Silver certification. Located in the thriving Raleigh-Durham market, Legacy at Brier Creek is conveniently situated in one of the Triangle’s most vibrant and centrally located mixed-use community of Brier Creek. Legacy at Brier Creek will offer first-class amenities including a tenant lounge, fitness center and outdoor terrace. Brier Creek provides a suburban appeal with an urban feel. Tenants have the ability to walk via landscaped sidewalks to restaurants, grocery stores, coffee shops, hotels, and more. The 1,500,000 SF of retail is a desirable mix of national retailers, local shops, restaurants, and entertainment. Additionally, within 3 miles are over 8,500 single family homes and 4,500 apartments, which gives tenants a competitive advantage by being able to attract a wide number of employees while offering a minimal commute. Features - Available Summer 2017 - 31,000 RSF Floor Plates for Traditional or Creative Floor Plans - Designed to achieve LEED Silver Certification - 14'8" Unfinished, 10' Finished Ceilings - Floor-to-Ceiling Glass Curtain Wall Panes for Abundant Natural Light - Tenant Lounge with Coffee Bar, Kitchenette and Free Wifi - Fitness Center with Locker Rooms, Yoga & Streching Area - Outdoor Terrace with Grills for Tenant Use - 4/1000 Parking Ratio; Option for Higher Ratios with 518 Parking Spaces On Site - Highly Visible Signage with a Corner Location

Raleigh

Office Space Market Report

Number of Listings (last 90 days)
192
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
3,640
As of: December 8, 2016

Raleigh Rates

On average, listings lease in the $30's per square foot per year. The Raleigh submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.

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

Raleigh Listing Supply

In the last 90 days, 179 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,520 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.

Raleigh Community

Market Report

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

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