Durham Sublease

Durham

Office Space Market Report

Number of Listings (last 90 days)
75
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
5,340
As of: February 27, 2017

Durham Rates

The typical asking rate per listing is in the $30's per square foot per year. The Durham region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the The Triangle market, the Durham region has higher rates, and you'll need to make a great offer to be in this hot region.

Durham Listing Supply

In the last 90 days, 75 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Durham are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1995 and are Class A.

Durham Community

Market Report

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

Market Data

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