Compared to the rest of the The Triangle market, the Warehouse District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Warehouse District 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 2,210 sqft. Most properties in this area are close to 7 floors. Most buildings in this market were built in 1926 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Warehouse District residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.