The Triangle Retail

The Triangle

Office Space Market Report

Number of Listings (last 90 days)
381
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,150
As of: December 9, 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 $0 per sqft per year. That's a 1% decline 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 depreciated submarket.

The Triangle Listing Supply

In the last 90 days, 358 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the The Triangle 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region 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