Durham Sublease

Durham

Office Space Market Report

Number of Listings (last 90 days)
74
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,180
As of: January 23, 2017

Durham Rates

Most listings are in the $30's per square foot per year. The Durham region is seeing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 48% rise in rent.

Compared to the rest of the The Triangle market, the Durham submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Durham Listing Supply

In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available leases in the Durham are subleases, so you will probably have to focus your search on direct office leases. 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 3,180 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. 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